Fiscal policy can decrease unemployment by helping to increase aggregate demand and the rate of economic growth. Demand side policies are critical when there is a recession and rise in cyclical unemployment.
A quick list of policies to reduce unemployment:
Monetary policy – cutting interest rates to boost Aggregate Demand (AD)
Fiscal policy – cutting taxes to boost AD.
Education and training to help reduce structural unemployment.
Geographical subsidies to encourage firms to invest in depressed areas.
Lower minimum wage to reduce real wage unemployment.
More flexible labour markets, to make it easier to hire and fire workers.
The correct answer to this open question is the following.
One of the actions that President Kennedy took in addressing the humanitarian concerns of the cold war was the creation of the Peace Corps, which was a volunteer program to assist other countries during the Cold War years, financially and socially. It was created on March 1, 1961. Young Americans were trained for three months to prepare them before traveling to other countries to assist people in need.
Answer:
The answer is true!
Explanation:
An age of unrest in Western Europe followed the Industrial Revolution. This period was marked by two world wars.
Are there answer choices? If not, the answer would be something like <span>landing a man on the moon. Hope this helps.</span>
