unemployment rate is 3%
the labor force participation rate is 22%
Answer:
B. The government could reduce corporate tax rates for service and retail companies.
Explanation:
The accumulation of technological capital and knowledge are considered factors that generate increase in the productivity of firms and the economy as a whole. Thus, all policies that encourage the training of labor, as well as the technological development of firms are considered policies conducive to economic growth. Scholarships, patent incentives, and research support fit this type of incentive. However, the mere reduction of fees charged by firms cannot be considered an incentive policy from the perspective of growth theory that considers the accumulation of knowledge as the main aspect of development. Tax reduction is a simple tax policy aimed at increasing firms' competitiveness and increasing sales, but it is not associated with the process of scientific and technological development, as it does not involve the diffusion of knowledge.
This really depends what your topic is about, so I can’t help you, since there is so many things that happened between 1822 and 1914 :/
If you show the statements I’d be happy to help ;)
