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3 years ago

What are some ways I can help the economy

Business

2 answers:

Temka [501]3 years ago

7 0

Answer:

Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

Increased real wages – if nominal wages grow above inflation.

Higher global growth – leading to increased export spending.

Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

Explanation:

Some ways you can help the economy are

1. Lower interest rates – reduce cost of borrowing and increase consumer spending and investment.

2. Increased real wages – if nominal wages grow above inflation.

3. Higher global growth – leading to increased export spending.

4. Devaluation, making exports cheaper and imports more expensive, increasing domestic demand.

Ivan3 years ago

3 0

By cleaning a park or helping people with their gardens

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