During Recessions,automatic Stabilizers Tend to Make the Government's Budget

question 57

Multiple Choice

During recessions,automatic stabilizers tend to make the government's budget

• A)move toward deficit.
• B)move toward surplus.
• C)move toward balance.
• D)not necessarily move the budget in any particular direction.

Recognize the effects of human activities on biodiversity and ecosystem health.

Understand how solar radiation affects Earth's temperature and climate patterns.

Recognize the importance of ecological and environmental studies in addressing global challenges like climate change.

Analyze how geographical factors and Earth's tilt affect climate and seasons.

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Definitions:

Fees Earned

Revenue from providing services.

Purchases Journal

The purchases journal is a specialized accounting ledger that tracks all purchase transactions of a business, including inventory purchases on credit.

Supplies Account

An account in the general ledger that records the amount spent on supplies that are used in the operation of a business.

General Journal

A ledger where all financial transactions of a business are initially recorded using double-entry bookkeeping.