Question #90521
13. Which of the following happens automatically when the economy goes into a recession?
A. A budget surplus falls.
B. Induced transfer payments falls.
C. Income taxes rise.
D. Government expenditures on goods and services increase.
A. A budget surplus falls.
B. Induced transfer payments falls.
C. Income taxes rise.
D. Government expenditures on goods and services increase.
Expert's answer
D. Government expenditures on goods and services increase.
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#339914 on Dec 2023
#339914 on Dec 2023