Multiple Choice
An automatic stabilizer is a feature of the economy that
A) makes prices "sticky."
B) reduces its sensitivity to shocks.
C) maximizes its volatility.
D) automatically reduces recessionary trends.
Correct Answer:

Verified
Correct Answer:
Verified
Q144: During the 2008 presidential campaign, candidate Barack
Q145: Which of the following is not a
Q146: If the marginal propensity to consume (
Q147: A one-dollar tax reduction has the same
Q148: At any given price level, equilibrium GDP
Q150: In macroeconomic analysis, a transfer payment is
Q151: Table 11-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Table 11-1
Q152: One of the objectives of supply-side policies
Q153: To eliminate an inflationary gap, the aggregate
Q154: Congress is debating whether to raise taxes