A way of helping depressed regions by having lower wages, lower local taxes and lower unemployment benefit has been suggested as ?
Correct answer: A. market orientated economists
- A. market orientated economists
- B. left-wing theorists
- C. Keynesian
- D. New-Keynesian
Explanation
Market-oriented economists generally favour wage and tax flexibility and reduced benefits to improve labour-market incentives in depressed regions. These measures are intended to encourage employment and investment rather than expand demand through government spending.
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