How can countries promote economic growth during periods of high unemployment

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Fernando Crane

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3 February, 18:51

How can countries promote economic growth during periods of high unemployment

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Brynn Whitney · Answer 1

During high periods of unemployment countries should focus on stimulating investments in the economy. this can be achieved through an expansionary fiscal policy that increases money supply in the economy, through tools such decreased taxation, reduced government borrowing and increased government expenditure.