Which of the Following Is a Correct Sequence of Events

question 275

Multiple Choice

Which of the following is a correct sequence of events during an expansion?

• A) unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit falls
• B) unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises
• C) unemployment rises, income falls, tax revenue rises, unemployment benefits fall, and the budget deficit falls
• D) unemployment falls, income rises, tax revenue rises, unemployment benefits fall, and the budget deficit falls