Which of the following effects takes place as a result of automatic stabilization?
A) extra tax revenues are generated in a boom
B) tax revenues remain constant during a recession
C) leakages increase during a recession,helping to stimulate the economy
D) Both A and C are correct.
Correct Answer:
Verified
Q27: The natural employment surplus _ be used
Q28: The structural surplus is
A)the difference between the
Q29: A deliberate change in the government's deficit
A)constitutes
Q30: The natural employment surplus is
A)G + T.
B)Y
Q31: Figure 5-1 Q33: The actual government budget deficit _ be Q34: Figure 5-1 Q35: An increase in the tax rate (t) Q36: The structural deficit is Q37: Figure 5-1 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)will
A)the difference between the
