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QuizMultiple Choice

Foundations of Economics — Test

Question 1 • Economics

What are some ways to address unemployment in a market economy? Choose three correct answers.

Answer
A
lowering restrictions
B
promoting hiring
C
creating new projects
D
raising more taxes
E
increasing regulation

Explanation

Lowering restrictions can make it easier for businesses to start or expand, while promoting hiring encourages employers to add workers. Creating new projects can also provide jobs directly. Raising taxes or increasing regulation may discourage business investment and hiring, so those are not the best choices here.

AI-written and checked against the verified answer.

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