Because of the Automatic Stabilisers, a Decline in the Level

question 55

Multiple Choice

Because of the automatic stabilisers, a decline in the level of economic activity will cause:

• A) an increase in tax revenues collected.
• B) a decrease in government expenditures.
• C) a smaller budget deficit.
• D) an increase in welfare payments.

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestors who are predominantly from Sub-Saharan Africa.

Macro-Level

Pertaining to large-scale social processes, structures, or systems that affect groups, communities, or societies as a whole.

Changing Gender Roles

The evolving expectations and behaviors considered appropriate for men and women, reflecting shifts in societal norms, values, and opportunities.

Divorce

The legal dissolution of a marriage by a court or other competent body, ending legal duties and responsibilities of marriage.