..The International Monetary Fund predicts that Turkey's economy will shrink by 5% by 2020, inflation will...

 

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..The International Monetary Fund predicts that Turkey's economy will shrink by 5% by 2020, inflation will rise to 12% and unemployment will rise to 17.2% due to the new COVID-19 epidemic. Some forecasts even suggest that Turkey's unemployment rate may reach 30%. Many countries' are experiencing the same economic recessions. If you are a policy maker, according to the aggregate supply and demand model, what kind of policies will you make to help the economy out of the crisis. ..The International Monetary Fund predicts that Turkey's economy will shrink by 5% by 2020, inflation will rise to 12% and unemployment will rise to 17.2% due to the new COVID-19 epidemic. Some forecasts even suggest that Turkey's unemployment rate may reach 30%. Many countries' are experiencing the same economic recessions. If you are a policy maker, according to the aggregate supply and demand model, what kind of policies will you make to help the economy out of the crisis.

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If you are a policy maker in Turkey there are several policies that could be used to help the econom... View the full answer