Multiple Choice
Which of the following is a correct sequence of events during a recession?
A) unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises
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 rises, income rises, tax revenue rises, unemployment benefits rise, and the budget deficit rises
Correct Answer:
Verified
Correct Answer:
Verified
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