Automatic Changes in Tax Revenues and Expenditures That Occur as a Result

question 175

Multiple Choice

Automatic changes in tax revenues and expenditures that occur as a result of fluctuations in real GDP are referred to as automatic

• A)taxes and expenditure.
• B)discretionary taxes and expenditure.
• C)government.
• D)stabilizers.
• E)discretionary policy.

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Definitions:

Lymph Tissue

A vital part of the immune system, made up of organs and cells that produce, store, and carry cells that fight infection.

Preoperational

Referring to Piaget's stage of cognitive development in children aged 2-7, characterized by symbolic thinking and difficulty understanding others' perspectives.

Secondary Circular Reaction

A stage in Piaget's theory of cognitive development where infants (4-8 months) repeat actions to get desired outcomes, showing the beginning of intentional behavior.

Tertiary Circular Reaction

A concept in cognitive development referring to a stage in Piaget's model where infants 12-18 months old purposefully experiment with different actions to observe outcomes.