I need help, ASAP please! (1 Viewer)

[curryrice]

Hi guys,

so I have a presentation due soon, and the question is "How the government slow down the economic activity using Microeconomic Policies?" I've read a lot of articles and things about doing two with macroeconomic policies, but haven't got anything on microeconomic policies. Please help! thank you so much!

 

[HoldingOn]

Hi guys,

so I have a presentation due soon, and the question is "How the government slow down the economic activity using Microeconomic Policies?" I've read a lot of articles and things about doing two with macroeconomic policies, but haven't got anything on microeconomic policies. Please help! thank you so much!

Just think of the government altering the supply side- I.e maybe they are putting in tighter immigration policies regarding skilled workers. This would to an extent slow down firm activity. They could also raise consumption taxes like the GST which would have a contractionary effect.