Multiple Choice
Automatic stabilization refers to
A) the policy of lowering tax rates during a recession.
B) the policy of increasing autonomous G during a recession.
C) the effect of income taxes in lowering the multiplier effect of changes in autonomous planned spending.
D) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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Q102: Figure 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-4
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Q109: Figure 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-5
Q110: Figure 3-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-3
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