Business

Guest

21 May, 18:24

Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the following would represent an example of a fiscal policy you might suggest to deal with this situation?

A. Ask Congress to cut total spending on social programs to avoid running a budget deficit

B. Ask Congress to cut taxes in order to give consumers and businesses more income to spend and invest.

C. Order the Fed to raise the required reserve ratio

D. Urge Congress to give the U. S. Treasury the authority to print more money.