Suppose that people in your community voted to eliminate all local taxes. Which of these goods and services would most likely disappear?
(1 point)
Responses
interstate highway maintenance
interstate highway maintenance
neighborhood trash pickup
neighborhood trash pickup
regional military base
regional military base
grocery store parking lots
neighborhood trash pickup and grocery store parking lots
What is the best definition of the term recession?
(1 point)
Responses
a time when net imports are greater than net exports
a time when net imports are greater than net exports
a period of decline in overall income and employment
a period of decline in overall income and employment
a time when GDP per capita rises overall
a time when GDP per capita rises overall
a period of heightened government spending