Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?

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...

If the marginal rate of tax is 40% and consumers income increase from Rs10,000 to Rs12,000 ?

A. The amount of tax paid will increase by Rs4,800 B. The amount of tax paid will increase by Rs4,000 C. The amount of tax paid will increase by Rs 800 D. The total tax paid will be Rs4,800...

If the economy grows the government’s budget position will automatically ?

A. worsen B. Improve C. Stay the same D. Increase with inflation...