Multiple Choice
Automatic stabilizers smooth fluctuations in the economy because they produce changes in the government's budget that
A) reinforce changes in GDP.
B) help offset changes in GDP.
C) produce a cyclically adjusted budget.
D) produce a standardized budget.
Correct Answer:
Verified
Correct Answer:
Verified
Q102: The cyclically adjusted budget deficit in an
Q103: Define contractionary fiscal policy. When should it
Q104: Assume that if there were no crowding
Q105: If the U.S. Congress passes legislation to
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" A) depreciation of
Q108: Due to automatic stabilizers, when the nation's
Q109: A budget deficit causes the government to
Q111: If a government wants to pursue an
Q112: (Last Word) Which of the following would
Q132: Expansionary fiscal policy is so named because