Explain the importance of the easy export substitution stage of industrial transformation as a means to absorb labor from less productive sectors
June 19, 2020How I write?
June 19, 2020Fiscal and monetary policy can be used be used in response to economic conditions. What are some problems that might result in a recession, and how should the government react in terms of fiscal and monetary policy? What about a period of excessively robust economic growth? Explain and give examples.