If the Economy Dips into a Recession

question 175

Multiple Choice

If the economy dips into a recession

• A)automatic stabilizers will cause tax receipts to fall and transfer payments to rise.
• B)automatic stabilizers will cause tax receipts to rise and transfer payments to fall.
• C)discretionary fiscal policy will generate increased transfer payments and lower tax receipts.
• D)discretionary fiscal policy will reduce government outlays and increase tax receipts.
• E)nothing will happen to the federal budget unless the President and Congress take specific corrective action.

---

Definitions:

Admiration

A feeling of respect and warm approval towards someone or something.

Avoidant Personality Disorder

Pervasive anxiety, sense of inadequacy, and fear of being criticized that lead to the avoidance of most social interactions with others and to restraint and nervousness in social interactions.

Shame

A painful emotion resulting from the consciousness of wrong or foolish behavior or the perception of being inferior.

Narcissistic Personality Disorder

A mental disorder characterized by a long-term pattern of exaggerated self-importance, need for admiration, and a lack of empathy.