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scoray [572]
3 years ago
11

Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goo

ds and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country?
Business
2 answers:
notka56 [123]3 years ago
8 0
I think the primary solution is to reduce prices in stores that consumers will buy more.
Nataliya [291]3 years ago
5 0

Reduce interest rates.

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