2. The Central Bank cannot be solely responsible for stabilizing the economy. Who else is responsible and what role does they play? The central bank does not control the economy; there are others that have an effect on the economy. These include government, stock markets, commercial and retail banks, businesses and the EU. Government In addition to the central bank, the next key player in shaping the economy is the government. The government influences the economy in everything it does. The main objectives of a government for an economy are: • Economic growth and • Economic stability Employment The government employs millions of people. For example, the UK government employs workers from the National Health Service, police, civil servants, HM Revenue and Customs, Border Patrol, etc. If the UK Government decided to cut their workforce by 50%, the UK would be facing mass unemployment and there would be possibly millions of people on jobseekers, as they look for a new job. However, if the government decided to increase its workforce by 50%, this could end unemployment, but there would also be a surplus of jobs, workers' wages would rise, along with workers' prices. goods and taxes; as there are too many jobs and companies would be desperate to find staff. The government employs as many people as it can afford while having the best effect on the economy regarding employment levels and aggregate demand (total demand for goods and services in the economy). The government can also influence business employment by offering programs and bonuses. For example, the apprenticeship program is aimed at increasing employment of young people by businesses, which is made more attractive to businesses by a lower minimum wage, and in return apprentices gain a qualification... ... in response, policymakers in Kenya have introduced a series of supply-side and demand-side policies. Among the many include access to imports on the demand side, supply-side subsidies for fertilizers and seeds, maze export ban on the supply side. These supply and demand side policies were designed to stabilize the economy, for example by banning the export of labyrinth the demand is decreased which means the same goes for the price for the people of Kenya. Conclusion We can see that long-term economic growth is critical to the economy and the future of the economy is not inviting without it. LREG improves a country's living standards, as seen in the example of Kenya, where supply-side policies have enabled greater access to food, it can also lead to increased spending and higher GDP, for example by increasing employment rates by providing capital to companies to rent and buy new technology.