Ayushi Asked a Question
August 13, 2020 11:26 pmpts 30 pts
25. Assertion (A): There is automatic change in net tax revenue when level of output changes. Reason (R): Automatic stabilizers moderate aggregate spending in times of boom and slow down Codes (1) Both (A) and (R) are correct and (R) is the correct explanation of (A) (2) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (3) (A) is true but (R) is false (4) (A) is false but (R) is true
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  • Nidhi taparia thankyou
    The correct answer is (2). Both these facts are true, but the second isn't a reason for the first.
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