Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goods and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country?

Answers:
A. increase the interest rates
B. impose fine for savings
C. force industries to rehire employees
D. reduce the interest rates
E. import goods and services

Question

Recently, it was observed that people have started saving more rather than spending. This has impacted the demand for luxury goods and services. The decline in the demand led to unemployment in the related sectors. What can be a primary solution to reduce the unemployment levels in the country? 

Answers:
A. increase the interest rates
B.  impose fine for savings
C.  force industries to rehire employees
D.  reduce the interest rates
E.   import goods and services