Country X can puruse cheap monetary policy with deficit fiscal policy to generate full employment in short run.
Explanation:
Recession can be understood as a period of extended reduced demand accompanied by the retrenchment of the workforce as a cost-cutting measure. Recession can be handled by an adequate mix of monetary and fiscal policy measure-
Monetary measure- Cheap monetary measure must be pursued by the Country X. This includes low repo rate, cheap loans to employment generating avenues, business establishments etc.
Fiscal policy- Government of the country X should indulge in deficit financing, borrowing from international institutions, providing tax breaks, tax credits to let the firms run in full swing and generate employment.
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Write the message to members. At the reopening, Mrs. LARROSSA informs you that a new ZUMBA activity will be offered on Tuesdays and Thursdays from 11:00 a.m. to 11:45 a.m. and will be led by CAMILLE. Take care of your style and write your note in a cordial tone. You will sign "The VITAFORM team".
