Government transfer payments _________during expansions and _________during recessions.
A) increase; decrease
B) decrease; increase
C) increase; increase
D) decrease; decrease
Correct Answer:
Verified
Q118: The difference between automatic fiscal policy and
Q119: A fiscal action that is triggered by
Q120: Generational accounting shows that the present value
Q121: Spending on programs that result in transfer
Q122: A cyclical surplus is a
A) budget surplus
Q124: Automatic fiscal policy occurs
A) because government expenditures
Q125: During an expansion, tax revenues _, while
Q126: Needs-tested spending _during recessions and _during expansions.
A)
Q127: During an expansion, tax revenues _and government
Q128: Because of automatic fiscal policy, when real
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