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Help me please asap! How did the government help the economy?

The economy of country Y has experienced increased unemployment and reduced GDP for six months. The government therefore decides to implement fiscal policy that increases _________ and reduces _________

Choices for the first blank are:
Government spending
Prices
Taxes

Choices for the second blank are:
Government spending
Taxes
Unemployment.

Respuesta :

School787
The answer would be: The government therefor decides to implement fiscal policy that increases Government spending and reduces Taxes. 

this answer was correct for me on plato. hope this helped.

The correct options are A and B respectively. The economy of country Y has experienced increased unemployment and reduced GDP for six months. The government, therefore, decides to implement a fiscal policy that increases Government spending and reduces Taxes.

What government agency controls fiscal policy?

In the United States, the legislative and executive parts of the government work together to determine budgetary policy. Fiscal policies are directed by the President and the Secretary of the Treasury in the executive branch, frequently with the advice of economic advisors.

Taxes and spending are the two primary fiscal policy instruments. By dictating how much money the government must spend in specific sectors and how much money people should spend, taxes have an impact on the economy. For instance, if the government wants to encourage consumer spending, it can lower taxes.

Learn more about Fiscal Policy here:

https://brainly.com/question/27250647

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