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Question
the graph shows the number of employed workers in the united states in nonfarm jobs from 2008 to 2013. number of employed workers in nonfarm jobs (2008–2013) employed workers (millions) 120 115 110 105 100 2008 2009 2010 2011 2012 2013 what course of action might a government take to respond to the downturn revealed in this graph? 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 a downturn in nonfarm employment (a recession - like situation). To counter this, fiscal policies like tax reduction can increase consumers' disposable income (money supply for spending), which boosts demand and can create jobs. Reducing armed forces or laying off workers would worsen unemployment. Encouraging overseas travel would send money out, hurting domestic economy.
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C. decrease taxes to increase consumers' money supply