During Recessions, Taxes Tend to

question 142

Multiple Choice

During recessions, taxes tend to

• A)rise and thereby increase aggregate demand.
• B)rise and thereby decrease aggregate demand.
• C)fall and thereby increase aggregate demand.
• D)fall and thereby decrease aggregate demand.

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Definitions:

Decertification Request

A formal application to remove the certification or recognition of a labor union as the bargaining representative of a group of employees.

Collective Bargaining

The process of negotiating employment terms between an employer and a group of employees, often represented by a union, to reach a labor agreement.

Labour Relations Board

A governmental body responsible for overseeing and enforcing labor and employment laws, including mediating disputes.

Compulsory Arbitration

A mandatory process where disputing parties must submit their conflict to arbitration, an alternative dispute resolution method, instead of going through the court system.