A recession normally causes ________ in government net tax revenues, ________ the budget deficit is an example of ________ automatic stabilization
A) an increase, increasing, the working of
B) an increase, decreasing, a failure of
C) a decrease, decreasing, the working of
D) a decrease, increasing, a failure of
E) a decrease, increasing, the working of
E
Economics
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Which of the following statements are TRUE regarding the demand for labor?
I. The quantity of labor demanded depends on the real wage rate. II. If the money wage rate increases and the price level remains the same, the quantity of labor demanded decreases. A) I only B) II only C) I and II D) neither I nor II
Economics
Which of the following is a fixed payment loan?
A) a home mortgage B) a U.S. Treasury bill C) a U.S. Treasury note D) a zero-coupon bond
Economics