Tax revenues ________ during recessions and ________ during expansions.
A) decrease; decrease
B) decrease; increase
C) increase; expansions
D) increase; increase
Correct Answer:
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Q127: Needs-tested spending _ during recessions and _
Q128: A fall in income that results in
Q129: Income taxes in the United States are
Q130: Automatic fiscal policy is at work if,
Q131: During an expansion, tax revenues _, while
Q133: Tax revenues
A) are autonomous.
B) are independent of
Q134: An example of automatic fiscal policy is
Q135: Unemployment insurance are payments made to unemployed
Q136: During an expansion, tax revenues _ and
Q137: If the economy falls into a recession,
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