Question 7 (1 point) If an economy moves into a recession, causing that country to produce less than potential GDP, then

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Question 7 (1 point) If an economy moves into a recession, causing that country to produce less than potential GDP, then

Post by answerhappygod »

Question 7 1 Point If An Economy Moves Into A Recession Causing That Country To Produce Less Than Potential Gdp Then 1
Question 7 1 Point If An Economy Moves Into A Recession Causing That Country To Produce Less Than Potential Gdp Then 1 (37.56 KiB) Viewed 46 times
Question 7 (1 point) If an economy moves into a recession, causing that country to produce less than potential GDP, then: automatic stabilizers will cause tax revenue to decrease and government spending to increase. automatic stabilizers will cause tax revenue to increase and government spending to decrease. tax revenue and government spending will be higher because of automatic stabilizers. tax revenue and government spending will be lower because of automatic stabilizers
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”