How government might manipulate its expenditures
Explain how government might manipulate its expenditures and tax revenues to reduce unemployment?
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To reduce unemployment, government must increase total or aggregate spending in the economy to encourage more production and employment. It can do so by increasing its own spending on goods and services and, by reducing taxes, inducing the population to spend more. Reduced taxes on businesses might also have a supply-side effect, allowing businesses to produce more as a result of the lower tax cost burden. Monetary authorities should be encouraged to increase the supply of money and credit available.
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The cornerstone of typical economic theory derived through the work of Jeremy Bentham was the perception of (i) the wages fund. (ii) natural checks on population. (iii) increasing cost. (iv) utility. (v) surplus value. Q : Demand forecasting consumer's interview consumer's interview method for demand forecasting(point to point explain)
consumer's interview method for demand forecasting(point to point explain)
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