implement government stabilization policy
increase taxes and decrease government expenditure
increase government expenditure and decrease taxes
ensure even distribution of job opportunities
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The answer is C, option D is too vague
When government increase spending like on health or construction- they need to hire workers, it will have a multiplier effect and just creates more jobs and when taxes are decreased, purchasing power increases and demand increases this will lead to firms hiring more to keep up with demand.
According to the ILO, the employment problem needs to be attacked on three fronts. The first is increased international coordination of macroeconomic policies in order to stimulate recovery and remove obstacles to the sustainability of growth. The second is successful micro- and macro-adjustment, at the national level, to the growth-augmenting benefits of the global economy. The third is a range of socially enlightened policies that will improve respect for basic labour standards while addressing such problems as long-term unemployment, poverty, skills shortages and widening disparities in income distribution.so the answer should be A
Sometimes when am studying this past questions on "myschool" website i always have this feeling that am heading no where on my preparation for this exam that is just around the corner..
Please how is C the answer to this question oo?
