Income tax collections: fall during recessions, thus increase the problem of unemployment. rise during periods of prosperity, thus reduce federal budget deficits. rise during recessions, thus increase the problem of unemployment. fall during periods of prosperity, thus increase federal budget deficits.

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Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.