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Author Question: Income tax collections: a. rise during a recession, thus reduce the severity of the recession. b. ... (Read 70 times)

809779

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on: Jun 30, 2018
Income tax collections:
 a. rise during a recession, thus reduce the severity of the recession.
  b. rise during a recession, thus increase the severity of the recession.
  c. fall during inflationary episodes, thus increase the severity of the inflation.
  d. fall during a recession, thus reducing the severity of the recession.

Question 2

Each point on the Phillips curve represents a combination of the:
 a. consumption rate and the unemployment rate.
  b. savings rate and the inflation rate.
  c. interest rate and the savings rate.
  d. inflation rate and the unemployment rate.


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robbielu01

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


809779

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

diana chang

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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