All of the Following Contribute to Greater Deficits When Unemployment

question 85

Multiple Choice

All of the following contribute to greater deficits when unemployment rises and reduce the deficit during an inflationary gap except for

• A)U.S.exports.
• B)Welfare benefits.
• C)Progressive personal income taxes.
• D)Unemployment insurance benefits.

---

Definitions:

Equivalent Amount

A sum of money or value that is considered to be equal in worth or value to another.

First Column

The leftmost column in a spreadsheet or table, often containing the primary key or unique identifiers.

Basket of Goods

A representation of a fixed set of consumer products and services whose total cost is used to measure inflation.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, typically indicating inflation or deflation.