Question: Just need this question answered for my study guide, stuck on this particular one. If you could please answer thoroughly, it would be great. Thanks!
Just need this question answered for my study guide, stuck on this particular one. If you could please answer thoroughly, it would be great. Thanks!

Here is major macro economic indicators of the economy from 2009 to 2016. 2009 2016 Real GDP growth rate - 4.3% - 0.2% Unemployment rate 10% 23% inflation 1.2% -0.8% Tax revenues (% of GDP) 19% 27% National Debt to GDP ratio 127% 180% Government spending over that past decade has remained stable around 20% of GDP. Which of the following policies do you think is best for reversing the current situation? Consider the implications on economic activities of all choices and form a detailed response as to why you chose one of them. A. Increase taxation but keep government spending stable. B. Increase taxation and at the same time increase government spending through the increase in public sector jobs. C. Introduce tax cuts for employers that hire workers. D. Decrease taxation on low and middle income households and increase government spending. E. Decrease taxation on high income households and keep government spending stable.Here is major macro economic indicators of the economy from 2009 to 2016. 2009 2016 Real GDP growth rate - 4.3% - 0.2% Unemployment rate 10% 23% inflation 1.2% -0.8% Tax revenues (% of GDP) 19% 27% National Debt to GDP ratio 127% 180% Government spending over that past decade has remained stable around 20% of GDP. Which of the following policies do you think is best for reversing the current situation? Consider the implications on economic activities of all choices and form a detailed response as to why you chose one of them. A. Increase taxation but keep government spending stable. B. Increase taxation and at the same time increase government spending through the increase in public sector jobs. C. Introduce tax cuts for employers that hire workers. D. Decrease taxation on low and middle income households and increase government spending. E. Decrease taxation on high income households and keep government spending stable
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