If the economy is to have built-in stability,when real GDP falls
A) tax revenues and government transfer payments should fall.
B) tax revenues and government transfer payments should rise.
C) tax revenues should fall and government transfer payments should rise.
D) tax revenues should rise and government transfer payments should fall.
Correct Answer:
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Q168: Government policy concerning its spending and taxation
Q169: Statement I: The federal budget deficit is
Q170: Statement I: If the federal budget deficit
Q171: If government adhered strictly to an annually
Q172: An increase in the unemployment rate would
Q174: The effectiveness of automatic stabilizers is limited
Q175: If the MPC is .6,the multiplier is
A).4.
B).6.
C)1.
D)2.5.
E)4.
Q176: Nondiscretionary fiscal policy relies in part on
A)spending
Q177: If the economy is expecting a severe
Q178: An attempt to maintain an annually balanced
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