expand icon
book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
Exercise 7
Circle the letter that corresponds to the best answer. When there is a recession, the biggest decline is in _______.
A) Social Security tax receipts
B) personal income tax receipts
C) consumer spending
D) corporate aftertax profits
Explanation
Verified
like image
like image

During recession, the largest ...

close menu
Macroeconomics 11th Edition by Stephen Slavin
cross icon