Which of the Following Is a Correct Sequence of Events

question 91

Multiple Choice

Which of the following is a correct sequence of events during an expansion?

• A) Unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit falls.
• B) Unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises.
• C) Unemployment rises, income falls, tax revenue rises, unemployment benefits fall, and the budget deficit falls.
• D) Unemployment falls, income rises, tax revenue rises, unemployment benefits fall, and the budget deficit falls.

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