Standard of living in the long run

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Reference no: EM131166298

Which of the following would be the most helpful in raising Australia’s standard of living in the long run? Discuss.

a. A policy of making firing workers more difficult, other things held constant.

b. A government policy of giving more assistance to first home buyers and hence raising the overall level of consumption.

c. A government policy of increasing funding on universities and TAFE (technical and further educations) colleges.

d. A policy of increasing money supply along with fiscal expansion, other things held constant.

Reference no: EM131166298

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