True/False
Automatic stabilizers are government programs that tend to push the federal budget toward surplus as the real GDP rises and toward deficit as the real GDP falls.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: A decrease in real GDP would affect
Q55: If the marginal propensity to save (MPS)
Q73: According to Keynesian economics, what impact would
Q75: Income tax collections:<br>A) fall during periods of
Q80: Exhibit 15-3 Aggregate demand and supply model <img
Q82: Suppose the economy is on the classical
Q83: The change in consumption divided by a
Q85: If the marginal propensity to consume (MPC)
Q88: Exhibit 15-1 Disposable income and consumption data <img
Q89: Fiscal policy is the manipulation of government