Assuming that the economy slides into recession and national income declines, which provides the best example of an automatic fiscal stabilizer?
a. transfer payments decrease and income tax revenue increases
b. transfer payments decrease and income tax revenue decreases
c. transfer payments increase and income tax revenue increases
d. transfer payments increase and income tax revenue decreases
d. transfer payments increase and income tax revenue decreases
You might also like to view...
Which of the following statements about defense spending between 1960 and 2008 is supported by the graph on page 347?
a. Defense spending drops during times of war. b. Defense spending on the whole has risen since 1960. c. Defense spending is on the rise. d. Defense spending peaked during the late Cold War. e. Defense spending reached its nadir during the Cold War.
Although the two concepts are often used interchangeably, the difference between civil liberties and civil rights is which of the following?
A. Civil liberties are the rights afforded all Americans civil rights are those special rights given to minorities. B. Civil liberties are the Constitution's protections "from" government power civil rights are the Constitution's protections provided "by" government power. C. Civil liberties are those rights protected by the Constitution civil rights are those rights only protected by state constitutions. D. Civil liberties are those rights protected by state constitutions civil rights are those rights only protected by the U.S. Constitution.
Currently, the principal tool for devolving federal financial and programmatic authority and responsibility to the states is the grant-in-aid
a. True b. False Indicate whether the statement is true or false
Mexican Americans
a. largely reside in rural areas. b. are well integrated into U.S. neighborhoods. c. account for 32 percent of Los Angeles's population. d. tend to follow extended family residence patterns.