How have monetary and fiscal policies affected the cruise industry?
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How have these policies affected the employment rates for the industry? How have these policies affected the growth of the industry? How have these policies affected the prices of the product the industry produces?
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Answer:
Nebulous question. Fiscal :- If people are in debt or need to borrow money for a cruise, an increase in interest rates will have a negative effect. Monetary :- Increase in taxes (GST or income tax etc) will mean less money to spend on luxury goods. both sets of policies are many and varied. You must be more specific with your questions. By thinking, you can come to your own conclusions.
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