As the economy began to recover from a recession, what is likely to happen to the amount of transfer payments individuals receive?  Explain carefully.

 

 B. How might the change in transfers as the economy begins to recover, if any, impact the economy's recovery

 

C. As the economy began to recover from a recession, what is likely to happen to the amount of federal income taxes individuals will have to pay? 

 

D. How might the change in tax liabilities, if any, impact the economy's recovery?

 

E. Changes in transfer payments and changes in tax liabilities can be implemented ONLY if the fiscal policy measures go through the legislative process and are passed?

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