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What are ways to decrease unemployment? Be specific

User Sergeyol
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Answer:

Policies for reducing unemployment

1.Monetary policy – cutting interest rates to boost aggregate demand (AD)

2.Fiscal policy – cutting taxes to boost AD.

3.Education and training to help reduce structural unemployment.

4.Geographical subsidies to encourage firms to invest in depressed areas.

5.Lower minimum wage to reduce real wage unemployment

User Revelt
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