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10 January, 04:15

What are the economic challenges that governments must face

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  1. 10 January, 07:52
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    Country Q has experienced a rapid increase in its unemployment rate and a sharp decline in its GDP. What might policymakers do in the face of these economic indicators?

    a. encourage a decrease in purchasing until employment figures increase

    b. try to trade with other nations to increase production and create new jobs

    c. increase taxes so the government has more money to spend

    d. implement controls on wages, forcing employers to pay higher wages
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