When national income falls,which of the following will automatically occur?
A) a decrease in tax rates
B) a decrease in tax revenues
C) a decrease in unemployment compensation expenditures
D) an increase in tax revenues
Correct Answer:
Verified
Q83: Automatic stabilizers are
A)provisions that cause changes in
Q84: Automatic stabilizers
A)shorten the recognition lag of discretionary
Q85: A bill is submitted to Parliament in
Q86: Figure 11-3 Q88: Fiscal policy may end up being destabilizing Q89: An advantage of automatic stabilizers over discretionary Q90: In the Canadian economy,the progressive income tax Q91: Multiplier effects take time to work through Q92: A recent government proposal to increase marginal Q162: The period between the recognition of a![]()
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