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AlladinOne [14]
2 years ago
8

How did the government help the economy? the economy of country y has experienced increased unemployment and reduced gdp for six

months. the government therefore decides to implement fiscal policy that increases and reduces .
Business
1 answer:
Arada [10]2 years ago
4 0

Government fiscal policy measures would lower tax rates and expand the money supply.

<h3>What is the economy?</h3>
  • An economy is a region where products and services are produced, distributed, traded, and consumed.
  • It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
  • One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes.
  • These elements determine the parameters and conditions under which an economy operates in addition to providing background and content.
  • In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
<h3>What do you mean by the government?</h3>
  • An organized community is governed by a system or group of individuals, typically a state.
  • Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition.
  • Government is a tool for making policy decisions as well as a way to enforce organizational policies.
  • A declaration of the government's guiding principles and philosophy is the equivalent of a form of constitution in many nations.

Learn more about the economy here:

brainly.com/question/951950

#SPJ4

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