Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goods and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country? A. increase the interest rates B. impose fine for savings C. force industries to rehire employees D. reduce the interest rates E. import goods and services

To address a rise in the unemployment rate, a government may:A.reduce the amount of money in circulation.B.raise interest rates to allow businesses to borrow less money.C.invest in programs that help people in need.D.lower interest rates to allow businesses to borrow less money.

.Unemployment is reduced due the measures taken by the government. State its economic value in the context of Production Possibilities Frontier.

Discouraging spending by way of increased interest rates and reduced money supply helps _____________.a.control rising inflationb.decrease unemploymentc.maintain investment patterns in the economyd.in high growthClear my choice

If the economy is experiencing unemployment, then the most appropriate government policy would be to shift the aggregate:Group of answer choicesdemand curve by using a tax increase coupled with spending cuts.demand curve by using a tax cut coupled with more spending.demand curve by using a tax increase coupled with more spending.demand curve by using a tax cut coupled with spending cuts.

Suppose the economy has unemployment level close to 15%. A proper fiscal policy might be which of the following:Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.aa decrease in interest ratesba decrease in income taxescdecrease in government spendingdan equal decrease in government spending and taxes