1. Roles of government in the business environment
e.g If the government needed to cut unemployment they would budget for a deficit so more money is injected and less money is taken from the economy by less taxes and higher expenditure raising employment. ... It controls the availability of money by influencing the level of interest rates. Lowering interest rates encourages people to spend and borrow while higher interest rates encourages people to save and not borrow. ...
- Word Count: 425
- Approx Pages: 2
- Grade Level: High School