When the economy heads into a recession,automatic stabilizers cause
A) taxes and government spending to rise.
B) the government budget deficit to increase.
C) taxes and government spending to fall.
D) national income to increase.
Correct Answer:
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Q145: If the multiplier is 10,the MPC is
A)0.
B).1.
C).5.
D).9.
E)1.0.
Q146: According to Keynes,if the economy is in
Q147: The national debt is now about
A)$700 million.
B)$9
Q148: If the MPC is .8,the multiplier is
A).2.
B).8.
C)1.
D)5.
E)8.
Q149: Which of the following is NOT an
Q151: Which of the following is NOT an
Q152: If you were a liberal member of
Q153: Suppose the government wants to spend more.There
Q154: Between 1980 and 1990,the national debt _
Q155: Which of the following is NOT an
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