An economic expansion leads to ________ needs-tested spending and ________ induced taxes.
A)higher;lower
B)lower;higher
C)higher;higher
D)lower;lower
E)lower;no change in

Question

Quizplus · Accepted Answer

During an economic expansion, needs-tested spending decreases because fewer people require financial assistance, while induced taxes increase due to higher incomes and spending.

An Economic Expansion Leads to ________ Needs-Tested Spending and ________

An Economic Expansion Leads to Needs-Tested Spending and