Which of the following is NOT true of a recession?
A) The president can dispel adverse economic effects by leadership.
B) In a recession, at first, federal revenues decline as profits decrease and fewer people work.
C) In a recession, economic performance can be a crucial factor in determining which party wins a presidential election.
D) Presidents actually exert only a marginal impact on the economy.
E) In a recession, federal expenditures increase as people claim more entitlements.
Correct Answer:
Verified
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