Use the figure below to answer the following questions.
Figure 29.3.1
-Refer to Figure 29.3.1, which shows the outlays and revenues for the government of Pianoland. An automatic increase in tax revenues would be shown as a
A) movement from left to right along the revenues curve.
B) movement from left to right along the outlays curve.
C) shift upwards in the revenues curve.
D) shift upwards in the the outlays curve.
E) both A and C
Correct Answer:
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Q70: Use the figure below to answer the
Q71: During a recession, revenues
A)and government outlays decrease.
B)decrease
Q72: Use the figure below to answer the
Q73: Which of the following is an example
Q74: Use the figure below to answer the
Q76: Discretionary fiscal policy
A)requires action by Parliament.
B)is triggered
Q77: A structural deficit
A)is present only if real
Q78: Use the figure below to answer the
Q79: Use the figure below to answer the
Q80: Use the figure below to answer the
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