During a mild recession, which expansionary policy would most effectively encourage investment and reduce unemployment?

During a mild recession, expansionary monetary policy is often the most effective way to encourage investment and reduce unemployment. This policy usually involves lowering interest rates, which makes borrowing cheaper for businesses. When businesses can borrow money at lower rates, they are more likely to invest in new projects, hire more workers, and expand their operations. For example, if a small manufacturing company can get a loan with a lower interest rate, it might buy new machinery and hire additional staff, which helps reduce unemployment. Overall, by making money easier to access, expansionary monetary policy can stimulate the economy and lead to job creation.