1. (TCO 1) The latest economic news is not very positive.Unemployment rates are

1. (TCO 1) The latest economic news is not very positive.Unemployment rates are higher than expected consumer confidencehas fallen and companies are reporting layoffs are in order. TheFederal Reserve chairman acknowledges the economy is in arecession. What actions might the federal government and theFederal Reserve take to give the economy a boost? What are thesepolicies called? (Points : 10)