Government transfer payments ________ during expansions and ________ during recessions.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
Correct Answer:
Verified
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,
Q139: Automatic fiscal policy occurs
A) because monetary policy
Q140: An increase in tax rates as a
Q141: A structural deficit occurs when the government
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