In a recession,needs-tested spending ________ and induced taxes ________.
A) increases;increase
B) increases;decrease
C) decreases;increase
D) decreases;decrease
E) increase;do not change
Correct Answer:
Verified
Q24: Discretionary fiscal policy is a fiscal policy
Q82: Automatic stabilizers decrease the impact of a
Q83: Needs-tested spending
A)increases as real GDP increases.
B)increases as
Q84: Automatic stabilizers include
A)changes in induced taxes and
Q85: The government expenditure multiplier is the magnification
Q88: The annual statement of the outlays,tax revenues,and
Q89: Which of the following is true?
A)Automatic stabilizers
Q90: Needs-tested spending
A)increases in recessions and decreases in
Q91: An economic expansion leads to _ needs-tested
Q92: Needs-tested spending is defined as
A)spending by Congress
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