Question

Suppose that the economy is suffering from a recession (or type of economic downturn). Businesses are closing, and people are losing their jobs. Identify two fiscal policy actions that could help the economy to recover faster and explain why.

Answer 1

I'll help, they can work together to solve things and have everyone cut things down, by not doing too much of something. :)

Answer 2

Two fiscal policy that can help the economy recover faster would be The government lowering taxes which puts more money into the hands of individuals and results in them buying more goods and services Another way would be the government spending more money on goods and services which is basically the economy, This may result in more jobs and more benefits for the workers and businesses that provide these goods and services.