How would the u. s. government most likely react to a slump in the economy?

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25 May, 08:57

How would the u. s. government most likely react to a slump in the economy?

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Spunky · Answer 1

I believe the answer is ower taxes to make it easier for consumers and businesses to spend money.

By lowering taxes, the country make the corporation could afford to lower their price while maintaining same ratio of profit. This will encourage consumptions, increasing overall employment, stimulize the economy by criculating the money, and attract investment.

Siena Hampton · Answer 2

If a slump were to occur in the United States economy, the United States Government would likely decide that it would be best to lower the overall taxes on the people of the country, this makes it a little easier for both consumers as well as business to spend money which will in turn boost the economy.