Multiple Choice
Taxes and government expenditures that, without need for additional government action, change in response to changes in the level of economic activity are called
A) cyclically balanced budgets.
B) built- in monetary stabilizers.
C) automatic stabilizers.
D) discretionary fiscal variables.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Changes in which of the following is
Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -Consider the above
Q27: During an expansion, tax revenues _, while
Q28: Which of the following is true regarding
Q30: An automatic stabilizer<br>A) requires action by the
Q31: An increase in the tax rates as
Q32: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -Using the above
Q33: The government could increase aggregate demand by
Q34: The Employment Act of 1946 was NOT
Q80: Rank the following federal government outlays from