When the economy grows,_________ increase because real GDP _________.
A) tax revenues; increases
B) tax revenues; decreases
C) structural deficits; decreases
D) recognition lags; increases

Question

Quizplus · Accepted Answer

When the economy grows, tax revenues tend to increase because businesses and individuals tend to earn more income, leading to higher tax collections by governments.

When the Economy Grows,_________ Increase Because Real GDP _________

When the Economy Grows,_ Increase Because Real GDP _