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Author Question: Which of the following is a correct sequence of events during an expansion? (Read 77 times)

dalyningkenk

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on: Apr 19, 2019

Question 1

Which of the following is a correct sequence of events during a recession?


◦ Unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises.
◦ Unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises.
◦ Unemployment rises, income falls, tax revenue rises, unemployment benefits fall, and the budget deficit falls.
◦ Unemployment rises, income rises, tax revenue rises, unemployment benefits rise, and the budget deficit rises.

Question 2

Which of the following is a correct sequence of events during an expansion?


◦ Unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit falls.
◦ Unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises.
◦ Unemployment rises, income falls, tax revenue rises, unemployment benefits fall, and the budget deficit falls.
◦ Unemployment falls, income rises, tax revenue rises, unemployment benefits fall, and the budget deficit falls.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dalyningkenk on Apr 19, 2019

kjo;oj

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dalyningkenk

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Reply #2 on: Apr 19, 2019
Thanks


kjo;oj

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Reply #3 on: Apr 19, 2019
Welcome :)


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