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

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

Quizplus · Accepted Answer

This is because transfer payments, such as unemployment benefits, increase during a recession as more people become unemployed and need assistance, and they decrease during an expansion as fewer people need assistance.

Transfer Payments Tend to Rise Automatically During a Recession and Fall