Policies to reduce unemployment
- Created by: Jess
- Created on: 19-04-14 11:55
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Demand-side policies to reduce unemployment:
- Expansionary fiscal policy and to encourage an increase in AD, if the economy is operating below its productive capacity, as this will raise output
- Expansionary monetary policy such as increasing the money supply or lowering interest rates are also likely to increase AD
A04: a rise in…
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