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

Posted: Thu May 19, 2022 8:27 am
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 48 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