Economy, asked by s13749611, 1 day ago

A persistent recession leads to low revenue receipts of the government?​

Answers

Answered by vidhusuhani08
0

Explanation:

yes correct A persistent recession leads to low revenue receipts of the government?

Answered by Anonymous
3

Answer:

When growth rate of GDP falls, tax revenue of the government (through direct as well as indirect taxation is bound to remain low , implying slowdown of revenue receipts of the government during recession.

Explanation:

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