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Author Question: If the economy were in recession, we would expect (Read 97 times)

cmoore54

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on: May 25, 2020
If the economy were in recession, we would expect
◦ government expenditure to be high and tax revenues to be low causing a large public-sector deficit.
◦ government expenditure to be high and tax revenues to be high so that the government might have a low PSNB.
◦ government expenditure to be low and tax revenues to be low so that the government could run a public sector surplus.
◦ none of the above.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by cmoore54 on May 25, 2020

blfontai

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Reply #1 on: May 25, 2020
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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cmoore54

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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