Multiple Choice
Need-based spending ________ during an expansion and ________ during a recession,which leads to larger budget deficits during the ________ phase of the business cycle.
A) increases;decreases;recession
B) decreases;increases;expansion
C) decreases;increases;recession
D) decreases;decreases;expansion
E) increases;decreases;expansion
Correct Answer:

Verified
Correct Answer:
Verified
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