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Question: We are advisors to the president. The nation is experiencing the following:

a. It has a high unemployment which stems from an insufficient use of resources.

b. It faces a current account deficit.

c. It has a capital account deficit.

d. The technology level is low

e. The infrastructure level is low.

What policy recommendations would we offer to cure the aforementioned maladies?

Note, these policy recommendations should be complementary to one another, or if there is some contradiction, we should advise a sufficient number to address all of them.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92586624

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