Question

"Federal Government Lowers Tax Rates"

Answer 1

Answer:

The economy's slowdown will be eased  

Explanation:

Cutting taxes would slow down the economy and reduce future tax collection, deepening the recessionary scenario and worsening the country's fiscal picture over the medium term.

Rising public spending should have a modest effect on boosting economic growth because it is heavily concentrated in areas that drive economic productivity less than social programs. Even investment spending is directed to areas that do not necessarily expand the production capacity of the country.

Answer 2

The economy's slowdown will be eased