What are the consequences of automatic stabilizers when real GDP increases?
Choose one:
A. Tax revenues decrease and payments to individuals increase.
B. Tax revenues rise and then fall while payments to individuals fall and then rise.
C. Tax revenues decrease and payments to individuals decrease.
D. Tax revenues increase and payments to individuals decrease.
E. Tax revenues increase and payments to individuals increase.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What are the consequences of automatic stabilizers when real GDP increases? Choose one: A. Tax revenues decrease and payments to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which type of tax is imposed on specific goods and services at the time of purchase? Question 12 options: Estate Excise General sales Value-added
Answers (2)
Equivalent units of production are: 1. Work performed during the period. 2. Sales generated during the period. 3. Units of work-in-process inventory. 4. Finished goods inventory.
Answers (1)
Rains Company purchased equipment on January 1 at a list price of $75,000, with credit terms 2/10, n/30. Payment was made within the discount period. Rains paid $3,750 sales tax on the equipment, and paid installation charges of $1,320.
Answers (1)
What is 51/2x21/3 select the best answer
Answers (2)
3. Which of the following statements is true of closing techniques? Group of answer choices A. Customers make a buying decision, rather than the salesperson closing the sale. B.
Answers (1)
New Questions in Business
Challenger Factory produces two similar products: regular widgets and deluxe widgets. The total factory overhead budget is $630,400 with 330,800 estimated direct labor hours.
Answers (1)
Planning for post-production support should begin after the system is deployed as specific support problems arise. a) True b) False
Answers (1)
Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash flows of $13,000,000, $23,000,000, and 29,000,000 over the next three years. The cost of capital is 20 percent.
Answers (1)
Spencer Co. has a $350 petty cash fund. At the end of the first month the accumulated receipts represent $58 for delivery expenses, $187 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $78.
Answers (2)
Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.
Answers (1)