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lambchop03 lambchop03
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4 years ago
Income and revenue from taxes have a specific relationship during recessions. What is it?

▸ incomes fall, tax revenue decreases

▸ incomes rise, tax revenue increases

▸ incomes fall, tax revenue increases

▸ incomes rise, tax revenue decreases
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
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Va97001Va97001
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4 years ago
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lambchop03 Author
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4 years ago
You make an excellent tutor!
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Correct Slight Smile TY
shelbycox
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Smart ... Thanks!
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