Governments typically seek to reduce unemployment by stimulating the economy through monetary or fiscal policy. Using monetary policy they increase the money supply in the hopes of reducing interest rates to spur economic growth. They can also use fiscal policy where they influence the level of taxes or government spending to influence economic development and to reduce unemployment as well.
Answer:
d. price floor
Explanation:
A price floor is a government mandated mininum price that is higher than the market equilibrium price.
This means that supply and demand do not meet because prices are not allowed to go any lower than the price floor.
The most famous example of a price floor is the minimum wage. A minimum wage is a price of labor that is higher than the market equilbrium. This produces a surplus of workers because supply (workers) is higher than the demand for them (which is determined by the firms).
No it was roughly about 1 third of the American population
Answer:
They expanded their empire by trade.
Explanation:
