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25 March, 07:30

Which fiscal policies would most likely reduce unemployment?

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  1. 25 March, 07:32
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    The answer to the question is option 1 - Increasing funding for local grants

    Explanation:

    When government grant firms, mostly in economically disadvantaged locations, it increases local manufacturing employments as seen in some established cases in Great Britain. Also in the educational sector, grants to institutions of higher learning can be put to training programs and projects that support doctoral candidates and other researchers which in turn leads to reduction in unemployment situations.
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