Question

You are the President of the United States and the economy is slowing down. In detail, explain what actions you can take. Please remember that you are the President and you do not have control over some economic tools.

Answer 1

When economy is slowing down, the action to take as a president are:

• Take out time to fix our slowing infrastructure issues.
• Provide more jobs.
• Create more industries as well as Office of Opportunity.

How does the government solve economic issues?

They use Fiscal policy in the act of spending and tax.

Note that some key actions by them to make the economy grow is by the use of lowered discount rate, buying government securities, and others.

Therefore, When economy is slowing down, the action to take as a president are:

• Take out time to fix our slowing infrastructure issues.
• Provide more jobs.
• Create more industries as well as Office of Opportunity.

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