Induced taxes are defined as taxes
A) that are avoided with the use of legal tax shelters.
B) that vary with real GDP.
C) we are forced to pay for services from the government.
D) that rise in recessions and fall in expansions.
E) enacted by Congress that explicitly state the amount to be paid.
Correct Answer:
Verified
Q108: If government expenditure on goods and services
Q109: Automatic stabilizers include
A)changes in the federal funds
Q110: To eliminate an inflationary gap using fiscal
Q111: When the government's outlays equal its tax
Q112: If a change in the tax laws
Q114: If the federal government has a budget
Q115: Automatic stabilizers
A)have no effect on the magnitude
Q116: An economic expansion leads to--------------------needs-tested spending and--------------------
Q117: In 2010, the U.S. government had tax
Q118: The national debt is
A)the excess of this
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