If the economy is in a recession and the federal government is running a deficit, then an expansion would
A) increase the deficit only if the interest rate rises.
B) automatically decrease the deficit.
C) automatically increase the deficit.
D) automatically balance the budget.
E) leave the deficit unchanged.
Correct Answer:
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Q46: If the economy is in an expansion,
Q47: If the economy is in a recession,
Q48: The structural deficit is the deficit
A)that would
Q49: Increasing taxes on business and investment _
Q50: Lowering taxes on employment _ , which
Q52: A tax on interest income
A)decreases the supply
Q53: Suppose that in China, investment is ¥400
Q54: Everything else remaining the same, as the
Q55: The government is proposing to increase the
Q56: Everything else remaining the same, as the
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