When the economy is in a recession, tax receipts _____ and unemployment insurance payments _____.
A) decrease; increase
B) increase; increase
C) increase; decrease
D) decrease; decrease
Correct Answer:
Verified
Q166: Fiscal policies that require no government action
Q167: Suppose the government increases spending to fund
Q168: Government tax revenue rises and falls with
Q169: Use the following to answer questions :
Scenario:
Q170: An automatic stabilizer that works when the
Q172: An example of an automatic stabilizer is:
A)tax
Q173: Which statement is CORRECT?
A)Automatic stabilizers indicate deliberate
Q174: If the government increases its spending when
Q175: Because the revenue from personal income taxes
Q176: Discretionary fiscal policy refers to changes in:
A)interest
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