Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

At which point would the government be most likely to try to stimulate the economy?

At which point would a business be most likely to hire new workers?

Sagot :

GinnyAnswer

Final answer:

The government stimulates the economy during a recession, while businesses hire new workers post-recession. Government intervention plays a significant role in influencing the business cycle and tackling unemployment.


Explanation:

Stimulating the economy: The government is most likely to try to stimulate the economy during a recession by implementing policies such as lowering taxes or increasing spending on public projects to boost aggregate demand.

Hiring new workers: Businesses are most likely to hire new workers once the recession is over and there is a sustained improvement in business conditions, giving them confidence to incur the costs of hiring and training new employees.

Government intervention: Government interventions play a crucial role in influencing the business cycle by implementing policies to address unemployment, stimulate economic growth, and create a favorable environment for businesses to thrive.


Learn more about Government intervention in stimulating the economy and hiring new workers here:

https://brainly.com/question/41204486


We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.