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Refer to the Above Diagram Wherein T Is Tax Revenues

Question 140

Multiple Choice

Refer to the above diagram wherein T is tax revenues and G is government expenditures.All figures are in billions.This diagram portrays the notion of: A) regressive tax system. B) built-in stability. C) a balanced-budget. D) discretionary fiscal policy. Refer to the above diagram wherein T is tax revenues and G is government expenditures.All figures are in billions.This diagram portrays the notion of:


A) regressive tax system.
B) built-in stability.
C) a balanced-budget.
D) discretionary fiscal policy.

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