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The Major Advantage of Automatic Stabilizers Is That They

Question 53

Multiple Choice

The major advantage of automatic stabilizers is that they


A) guarantee the federal budget will be balanced in a relatively short amount of time.
B) institute countercyclical fiscal policy without the delays associated with legislative action.
C) automatically produce surpluses during recessions and deficits during expansions.
D) require discretionary actions on the part of Congress before they exert an impact on output and employment.

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