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30 January, 20:40

Lowering the discount rate can promote full employment because

employees are more likely to apply for multiple jobs

employees are able to get better offers for hourly wages

companies are more likely to expand and hire more workers

companies are less likely to sign up employees for unemployment insurance

Question 2

Which of the following circumstances usually accompanies a period of economic expansion?

Falling production

High inflation

Low GDP

Rising unemployment

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Answers (1)
  1. 31 January, 00:26
    0
    Lowering the discount rate can promote full employment because companies are more likely to expand and hire more workers. High inflation is the circumstance which usually accompanies a period of economic expansion.
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