Answer to Question #109455 in Macroeconomics for Sthabile

Question

A.To boost economic growth the government is most likely to....1.reduce personal income tax.2increase taxes.3provide incentives to save(eg..tax-free investment)4.increase minimum wages in the private sector. Unemployment can decrease if....1.there is economic recession 2.education system improves.3investment spending increases. 4aggregate demand decrease.C.To be counted into the pool of unemployment a person must be :1.any age above 15 years 2.discouraged work seeker 3.economically active 4.hired and looking for a second job.

Answer 1

A.3.provide incentives to save(eg..tax-free investment).

B.3.investment spending increases.

C.1.any age above 15 years