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If the Economy Were in Recession, We Would Expect

Question 42

Multiple Choice

If the economy were in recession, we would expect:


A) government expenditure to be high and tax revenues to be high so that the government might have a large deficit
B) government expenditure to be low and tax revenues to be low so that the government might have a large surplus
C) government expenditure to be low and tax revenues to be high so that the government might have a large surplus
D) government expenditure to be high and tax revenues to be low so that the government might have a large deficit

Correct Answer:

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