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Title: During an economic expansion, government transfer payments ________ and tax revenues ________. Post by: Selene Delray on Mar 1, 2021 During an economic expansion, government transfer payments ________ and tax revenues ________.:
A)increase; stay the same B)decrease; stay the same C)decrease; fall D)increase; fall E)decrease; rise Title: Re: During an economic expansion, government transfer payments ________ and tax revenues ________. Post by: habiba on Mar 2, 2021 When there is economic expansion, you see a decrease in the unemployment rate, and wages increases wages. If there are many jobs to fill, government transfer payments fall because less people are on EI or welfare. As more people work, production rises so tax revenues increase.
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