lopez882
contestada

At which point would the government be most likely to
try to stimulate the economy?
At which point would a business be most likely to hire
new workers?

Respuesta :

batolisis

Answer:

Government would most likely stimulate the economy when Economic is in Recession.

Business will most likely hire new workers when they are Expanding operations or when most of the workers are close to Retirement .

Explanation:

Economic stimulus: these are fiscal and monetary policies used by Government to stimulate the economy that has in the deep or in the thick of economic recession example of such policies are increase in government spending cutting down on interest rates and encourage healthy spending.

Business will need new workers/employees when they are expanding,reshuffling or sending some workers on a long period of study leave or also If the company have a very huge project to handle that the current number of staffs can't handle successfully. retirement point are also a key point for business to hire new workers.

dubeyshailja64

The point at which the government be most likely to try to stimulate the economy is the recession.

And the point at which the business be most likely to hire new workers is its expansion.

What is recession and expansion?

Recession is defined as the phase where the economy experiences a fall in its growth rate as compared to the previous periods.

Stimulation is defined as the activity promoting growth in an economy. Therefore, economic stimulation is necessary in the recession period.

Expansion is the phase in the life cycle of the business where the business experiences higher growth rate. To cope up with the expansion strategies, the business needs to hire new workers, technology, and introduce new factors.

Therefore the business hires new workers in the expansion phase.

Learn more about recession and expansion here:

https://brainly.com/question/532316

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