Final answer:
The Nicene Creed states that the Holy Spirit is the Lord and the giver of life: b) Bestows grace.
Step-by-step explanation:
The Nicene Creed asserts that the Holy Spirit is in eternal relationship with the Father and the Son. It states: the Holy Spirit, the Lord, the giver of life: b) Bestows grace. The Nicene Creed, a foundational statement of Christian faith formulated in the Nicene Council of 325 AD, affirms the divinity of the Holy Spirit and acknowledges the Holy Spirit as the giver of life. The phrase "the Lord, the giver of life" reflects the Christian understanding of the Holy Spirit's role in imparting spiritual life and grace to believers. This declaration emphasizes the theological concept of the Holy Trinity—Father, Son, and Holy Spirit—as co-eternal and co-equal persons within the one Godhead.