Economic policy options in recession

rewrite in APA format 1. increasing in government spending pros: predictable demand impact stronger dollar in recession targets urgent needs improves confidence cons: can delay risk of poor allocating debt potential crowding out 2. Cutting income taxes can be implemented quickly choices terrain the same may improve incentives tax cuts can be easier to pass b) id specifiaclly target: Small and medium sized businesses, because I’d get more out of my money. These were the instructions but I feel condfident in my answers: Scenario: Suppose the economy is currently experiencing a recession, characterized by high unemployment and underutilized capacity. The government is contemplating the policy options below to address the downturn: 1. Increasing government spending. 2. Cutting income taxes. Explain the pros and cons of each of the options. Which of the two policy options would you recommend? Who specifically would you target the policy towards? Why? This essay should demonstrate your ability to engage critically with a topic, communicate your ideas effectively, and adhere to standard conventions of academic writing.

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