During Recessions,even in the Absence of Any Change in Policy,government

question 37

Multiple Choice

During recessions,even in the absence of any change in policy,government tax revenue automatically _______,government spending automatically _______ and,consequently,government saving _______.

• A) decreases;increases;increases
• B) decreases;increases;decreases
• C) decreases;increases;increases.
• D) increases;decreases;increases

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Definitions:

Enforced

The act of compelling compliance or obedience to a law, rule, agreement, or obligation through legal or authoritative means.

Intended Beneficiary

A third party to a contract whom the contracting parties intended to benefit directly from their contact.

Prenuptial Agreement

A contract entered into prior to marriage specifying the distribution of assets in the event of divorce or death.

Ownership Rights

The legal rights to use, control, and dispose of property or assets.