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An economy is operating at under …

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An economy is operating at under employment level of income what is meant this statement ?discuss one fiscal measure and one monetary measure to trackle the situation
  • 2 answers

Pratham Kumar 5 years, 10 months ago

It shows deflationary gap. Revenue bugdet can be one of the fiscal measure

Hashir Rehan 5 years, 10 months ago

Under employment level means employment level is less as per demand Fiscal measures - enhance pvt companies to provide employment opportunities and also setup of industries for generating employment opportunities Monetary - providing good working conditions and also fulfilling of safery and security needs of employees
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