Which One of the Following Happens Automatically If the Economy

question 69

Multiple Choice

Which one of the following happens automatically if the economy goes into a recession?

• A)Government outlays increase and revenues do not change.
• B)Revenues decrease and government outlays do not change.
• C)The government budget deficit increases or the government budget surplus decreases.
• D)The government budget deficit decreases.
• E)Both government outlays and revenues increase, and the deficit stays the same.

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Definitions:

Outsourced

The practice of delegating certain job functions or tasks to external contractors or firms, rather than handling them internally.

Business Plan

A formal document that outlines a company's goals, strategies, market analysis, financial forecasts, and operational structures.

Analyze Opportunity

The process of examining potential opportunities to determine their viability and how they can be capitalized on effectively.

Business Plan

A detailed document outlining the strategy, goals, and operational plans for a business to follow for success.