If the Economy Is to Have Significant Built-In Stability, Then

question 123

Multiple Choice

If the economy is to have significant built-in stability, then when real GDP increases, the tax revenues should:

• A) Fall proportionately more than the change in GDP
• B) Fall proportionately less than the change in GDP
• C) Rise proportionately more than the change in GDP
• D) Rise proportionately less than the change in GDP

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Definitions:

Stereotype

A commonly accepted yet simplified and rigid perception or conception of a specific kind of individual or object.

Prejudice

Preconceived opinion or bias, often negative, towards someone or something based on stereotypes rather than relevant facts.

Discrimination

Unjust or prejudiced treatment of different categories of people or things, especially on the grounds of race, age, sex, or disability.

Romantic Relationship

A romantic relationship is an emotional and physical connection between two people that often involves love, intimacy, and commitment.