the graph shows the number of employed workers in the united states in nonfarm jobs from 2008 to 2013. what…

the graph shows the number of employed workers in the united states in nonfarm jobs from 2008 to 2013. what course of action might a government take to respond to the downturn revealed in this graph? number of employed workers in nonfarm jobs (2008 - 2013) reducing the size of its armed forces laying off unnecessary workers decrease taxes to increase consumers money supply encouraging people to travel overseas

the graph shows the number of employed workers in the united states in nonfarm jobs from 2008 to 2013. what course of action might a government take to respond to the downturn revealed in this graph? number of employed workers in nonfarm jobs (2008 - 2013) reducing the size of its armed forces laying off unnecessary workers decrease taxes to increase consumers money supply encouraging people to travel overseas

Answer

Brief Explanations:

During an economic downturn shown by a decrease in employed workers, a government may use fiscal - policy tools. Decreasing taxes can increase consumers' disposable income, which in turn can boost consumption and stimulate the economy, helping to reverse the downturn. Reducing the size of the armed forces and laying off unnecessary workers can cause more unemployment. Encouraging people to travel overseas may lead to money flowing out of the domestic economy rather than stimulating it.

Answer:

decrease taxes to increase consumers’ money supply