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.
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Answer: Income effect refers to the change in an income earned by an individual and with a percentage change upward or downward impacts consumer buying/ purchasing power of it
Explanation: You didn't put the answer choices so ii couldn't tell you exactly which one.
Philosophy is the study of the fundamental nature of knowledge, reality, and especially existence.
Answer:The 1788–1789 United States presidential election was the first quadrennial presidential election. It was held from Monday, December 15, 1788 to Saturday, January 10, 1789, under the new Constitution ratified in 1788.
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