Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
B → A → C → D
B
B → C → A → D
C
A → B → D → C
D
C → A → B → D
Understanding the Answer
Let's break down why this is correct
Answer
To implement fiscal policy during a recession, the first step is to analyze economic conditions. This means looking at data to understand how the economy is doing, such as unemployment rates and consumer spending. After understanding the situation, the next step is to increase government spending and decrease taxes to stimulate the economy. By doing this, the government can encourage people to spend more money, which helps businesses and creates jobs. Finally, after these changes are made, it is important to evaluate the effects of the policy to see if it is helping the economy recover.
Detailed Explanation
First, we need to understand the economy by analyzing conditions. Other options are incorrect because This option suggests we lower taxes before spending; This choice puts spending before understanding the economy.
Key Concepts
Fiscal Policy
Economic Recession
Aggregate Demand
Topic
Fiscal Policy in Recessions
Difficulty
medium level question
Cognitive Level
understand
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.