If Canada's economy moves into an expansionary phase of the business cycle, then: Group of answer choices A. government spending and tax revenue will increase because of automatic stabilizers. B.government spending and tax revenue will decrease because of automatic stabilizers. C.automatic stabilizers will decrease government spending and increase tax revenue. D.automatic stabilizers will increase government spending and decrease tax revenue.
If Canada's economy moves into an expansionary phase of the business cycle, then: Group of answer choices A. government spending and tax revenue will increase because of automatic stabilizers. B.government spending and tax revenue will decrease because of automatic stabilizers. C.automatic stabilizers will decrease government spending and increase tax revenue. D.automatic stabilizers will increase government spending and decrease tax revenue.
Chapter11: Managing Aggregate Demand: Fiscal Policy
Section11.B: Algebraic Treatment Of Taxes And Fiscal Policy
Problem 3TY
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If Canada's economy moves into an expansionary phase of the business cycle, then:
Group of answer choices
A. government spending and tax revenue will increase because of automatic stabilizers.
B.government spending and tax revenue will decrease because of automatic stabilizers.
C.automatic stabilizers will decrease government spending and increase tax revenue.
D.automatic stabilizers will increase government spending and decrease tax revenue.
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