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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 34: The Influence of Monetary and Fiscal Policy on Aggregate Demand
  5. Question
    When the Economy Goes into a Recession, the Amount of Taxes
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When the Economy Goes into a Recession, the Amount of Taxes

Question 10

Question 10

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When the economy goes into a recession, the amount of taxes collected by the government falls automatically.Why?

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Tax revenue declines when the economy go...

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