In a recession, automatic stabilization ________ tax revenues and ________ the debt-GDP ratio

A) lowers, raises
B) lowers, lowers
C) raises, raises
D) raises, lowers

A

Economics

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What can we say about the employment of resources if the economy is at a point on its production possibility frontier?

What will be an ideal response?

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A merger between firms that are in the same industry is called a

A) conglomerate merger. B) horizontal merger. C) vertical merger. D) none of the above.

Economics