9 how does the government typically handle taxes and interest rates during a recession? a it raises taxes…

9 how does the government typically handle taxes and interest rates during a recession? a it raises taxes and lowers interest rates b it lowers taxes and raises interest rates c it lowers both taxes and interest rates d it raises both taxes and interest rates

9 how does the government typically handle taxes and interest rates during a recession? a it raises taxes and lowers interest rates b it lowers taxes and raises interest rates c it lowers both taxes and interest rates d it raises both taxes and interest rates

Answer

Brief Explanations:

During a recession, the government aims to stimulate the economy. Lowering taxes leaves more money in consumers' and businesses' hands, boosting spending and investment. Lowering interest rates makes borrowing cheaper, encouraging businesses to expand and consumers to make big - ticket purchases.

Answer:

C. It lowers both taxes and interest rates