Transfer payments tend to rise automatically during a recession and fall automatically during
Jan expansion.

Name: Transfer payments tend to rise automatically during a recession and fall automatically during Jan expansion.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Transfer payments, such as unemployment benefits and welfare, often increase during a recession as more people become unemployed and require assistance. As the economy improves and employment rates increase during an expansion, transfer payments tend to decrease.

Transfer Payments Tend to Rise Automatically During a Recession and Fall