Economists warn that the nation is slipping into a recession. which fiscal policies will the federal government most likely take to the economy grow? (4 points) select one: a. lower taxes and decrease spending b. lower taxes and increase spending c. raise taxes and decrease spending d. raise taxes and increase spending

A recession is a period of economic decline, were the GDP shrinks, unemployment rises up, wages get stagnated and retail sales drop.

What the Federal Government normally do is apply Expansionary fiscal policies, to help elevate the demand levels, like increasing government spending and reducing taxes.

Thereby the answer is (b)

Economists warn that the nation is slipping into a recession.The following fiscal policy might be considered by the Federal government:

b.  lower taxes and increase spending

Prometheus, in Greek religion, one of the Titans, the supreme trickster, and a god of fire. His intellectual side was emphasized by the apparent meaning of his name, Forethinker. In common belief he developed into a master craftsman, and in this connection he was associated with fire and the creation of mortals.