In the wake of the global crisis, the layoffs in the Gulf threatened to send many Jordanian workers home. Some economists see this as an opportunity for the Jordanian economy. Why?
A) The Jordanian workers can earn higher wages in Jordan.
B) The government will subsidize the wages of these workers to reduce unemployment.
C) These workers are expected to spend their saved incomes inside the country, creating a new wave of demand, increasing growth prospects of the Jordanian economy.
D) None of the above.

Question

Quizplus · Accepted Answer

The return of Jordanian workers from the Gulf means they are likely to spend their savings within Jordan, stimulating domestic demand and potentially boosting economic growth. This internal spending can lead to increased consumption, investment in local businesses, and overall economic development.

In the Wake of the Global Crisis, the Layoffs in the Gulf