All of the following increase the budget deficit except a(n)
A) increase in interest payments on the national debt.
B) increase in government spending on products and services.
C) increase in government transfer payments
D) increase in GST tax revenues.
E) decrease in Employment Insurance (EI) premium revenues.
Correct Answer:
Verified
Q130: Automatic stabilizers
A) require action by Parliament.
B) are
Q131: Government should not try to
A) eliminate budget
Q132: Due to automatic stabilizers, when real GDP
Q133: During a recession, tax revenues
A) fall and
Q134: There is a structural deficit when government
Q136: Income taxes make up almost half of
Q137: Government taxes, transfers and spending work like
Q138: A government begins the year with a
Q139: The structural deficit is the deficit
A) in
Q140: The largest source of revenues for the
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