Multiple Choice
Because of automatic stabilizers,in recessions the government budget deficit ________,while in expansions the deficit ________.
A) falls; rises
B) falls; falls
C) rises; falls
D) rises; rises
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: A decreased government deficit created by a
Q56: Increases in the debt-GDP ratio are primarily
Q57: Deficits are a burden on future generations
Q58: State and local governments rely on _
Q59: Find the largest nominal deficit that the
Q61: If the deficit is 0.02 times GDP,the
Q62: Suppose that all workers place a value
Q63: Real money demand in the economy is
Q64: A decrease in the average tax rate,with
Q65: Classical economists think that lump-sum tax changes<br>A)should