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During an expansion, unemployment insurance

A) decreases the size of the budget deficit through a decrease in government consumption of goods and services.

B) decreases the size of the budget deficit through an increase in transfer payments only.

C) decreases the size of the budget deficit through a decrease in taxation only.

D) decreases the size of the budget deficit through a decrease in transfer payments

E) increases the size of the budget deficit through both an decrease in taxation and a increase in transfer payments

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91872682

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