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The government has announced a number of initiatives in an attempt to bring down the level of unemployment in the economy. These include a reduction
The government has announced a number of initiatives in an attempt to bring down the level of unemployment in the economy. These include a reduction in both income tax and sales tax and a lowering of interest rates. The aim of these policy measures is to increase the level of total demand in the economy, although the government recognises that there will be a delay in increasing total supply to meet this increased level of demand. 4. Read this newspaper article and consider if there is likely to be a conflict between the reduction in unemployment and the achievement of other government objectives/goals. Include at least one appropriate diagram to support your
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