Everything Else Remaining the Same, as the Economy Enters a Recession

question 50

Multiple Choice

Everything else remaining the same, as the economy enters a recession,

• A)tax revenues rise and interest payments on the debt rise.
• B)tax revenues and transfer payments rise.
• C)government outlays rise and tax revenues fall.
• D)government outlays tend to fall and tax revenues fall.
• E)interest payments on the debt rise and tax revenues fall.

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