When the economy goes into a ____, the amount of unemployment compensation and welfare payments ____ automatically.
A) recession; decrease
B) recession; increase
C) boom; increase
D) All of the above.
Correct Answer:
Verified
Q85: A substantial increase in marginal tax rates
Q87: If there is initially a federal budget
Q87: Which of the following propositions would a
Q88: When the economy goes into a _,
Q91: A substantial cut in marginal tax rates
Q93: If there is initially a federal budget
Q94: According to the supply-side view of fiscal
Q95: Which of the following statements is not
Q105: A major advantage of automatic stabilizers is
Q116: A cut in marginal tax rates would:
A)increase
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