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2 July, 07:02

Which action would the government most likely take in order to increase economic growth

A. Lower taxes on small businesses

B. Tax harmful products like cigarettes

C. Reduce spending on a program to repair roads

D. Stop paying out social security benefits

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Answers (2)
  1. 2 July, 09:58
    0
    The correct answer is A) lower taxes on small business.

    The action that the government most likely take in order to increase economic growth is to lower taxes on small business.

    This could be an appropriate economic measure in order to favor the increase of economic growth due to small business could have beneficial consequences such as to open another branch of their business, invest in new improvements to the actual business, and hire new people creating new jobs. So this way, small businesses could increase income, provide more jobs, still paying their taxes and moving the economy to create prosperity.
  2. 2 July, 10:30
    0
    Easiest way to grow a nations economy is to have fewer expenses, social security is by far the largest cost to the goverment so for immediate growth id say D
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