During economic expansions,even in the absence of any policy change,government tax revenue automatically _______,government spending automatically _______ and,consequently,government saving _______.

Question

Quizplus · Accepted Answer

During economic expansions, tax revenues increase due to higher incomes and profits, government spending on welfare decreases as fewer people need assistance, and government saving increases as a result of higher revenues and lower spending.

During Economic Expansions,even in the Absence of Any Policy Change,government