Map Sapling Learning macmllan learning Sort the actions below into how high-inco
ID: 1120069 • Letter: M
Question
Map Sapling Learning macmllan learning Sort the actions below into how high-income, middle-income, and low-income countries would most likely approach macroeconomic goals. High-income Middle-income Low-income Use fiscal policies that invest in Ensure firms have proper Use monetary policies to education and new technology incentives to hire workers prevent persistent inflation Use fiscal policies to address Copy and/or build upon Invest in basic education, health, and financial institutions cyclical unemployment Help workers find regular wage-paying employment existing technologies Make infrastructure reliable and connect to the global marketExplanation / Answer
Talking about low-income country first, typically a low-income country has fewer resources, high unemployment and less skilled and trained workforce.So, a low-income country will do the following:
A middle-income country, on the other hand, has some resources and is on the right path to development only job od the government or monetary policy is to continue that growth rate.
A developed country have all different set of problems like cyclical unemployment and sometimes low growth rates. So a developed country will do the following things: