A country experiences an increase in unemployment due to deficiency of aggregate demand. What will be the effect of this on tax revenue and government expenditure, assuming that tax rates and rates of unemployment benefit remain unchanged?
A.
B.
C.
D.
Exam No:9708_w24_qp_32 Year:2024 Question No:20
Answer:
A
Knowledge points:
5.2.1 meaning of government budget
5.2.6 distinction between expansionary and contractionary fiscal policy
Solution:
Download APP for more features
1. Tons of answers.
2. Smarter Al tools enhance your learning journey.
IOS
Download
Download
Android
Download
Download
Google Play
Download
Download