During recessionary periodsa outlays increase and tax, Ask an Expert

Economics

During recessionary periods:

a. outlays increase and tax revenue falls.

b. outlays increase and tax revenue increases.

c. outlays decrease and tax revenue increases.

d. outlays decrease and tax revenue falls.

e. outlays and tax revenue stay the same.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91867142

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