what happens to the amount of money the government collects in taxes if unemployment is high?\nit is harder…
what happens to the amount of money the government collects in taxes if unemployment is high?\nit is harder to collect.\nit stays the same.\nit goes down.\nit goes up.
Answer
Brief Explanations:
When unemployment is high, fewer people are working and earning income. Since income - based taxes are a major source of government tax revenue, with less income being generated, the amount of money the government collects in taxes goes down.
Answer:
It goes down.