Automatic stabilizers act to ______ government expenditures and _______ government revenue during an expansionary period?

Related Mcqs:

Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?

A. Rs 50000 B. 20% C. 25% D. Rs 10000...

The marginal rate of tax paid is ?

A. The total tax paid / total income B. Total income / total tax paid C. Change in the tax paid / change in income D. Change in income / change in tax paid...

The public Sector Net Cash Requirement (PSNCR) is ?

A. A measure of the country’s trade position B. A measure of the country’s budget position C. A measure of the country’s total debt D. A measure of the government’s monetary stance...

The budget deficit tends to decrease then ?

A. GDP decrease rapidly B. GDP remains unchanged C. GDP decrease slightly D. GDP increase...

In a regressive tax system ?

A. The amount of tax paid increase with income B. The marginal rate of tax decrease with more income C. The average rate of tax falls as income increase D. The average rate of tax is constant as income increases...