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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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6 years ago
An increased federal budget deficit resulting from a recession can actually help stabilize an economy, because corporate profits tend to fall in a recession which, in turn, results in ________ corporate taxes and ________.
A) higher; more tax revenue for the government
B) higher; larger profits for businesses
C) lower; increases in the price level
D) lower; fewer spending cuts for businesses
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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thanhha78 Author
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6 years ago
Can't thank you enough for this, appreciate it!
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