True/False
Automatic stabilizers combine changes in discretionary fiscal policy with changes in government spending and taxes influenced by the business cycle in order to stabilize the economy.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: In the U.S. economy, the effect on
Q43: "Last month unemployment fell to 4 percent,
Q44: If MPC = 0.80, how much should
Q45: The Laffer curve represents the relationship between
Q47: Exhibit 15-6 Aggregate demand and supply model <img
Q48: Which of the following is the best
Q49: Following Keynesian economics, and assuming a marginal
Q50: The presence of the automatic stabilizers means
Q51: If the economy is experiencing unemployment, then
Q59: If no fiscal policy changes are implemented