Multiple Choice
Which of the following actions results in the shortest lag between recognition of a problem and an appropriate stabilization response?
A) Congress takes authority over stabilization and is not required to wait for the executive branch to respond.
B) The appropriation and authorization responsibilities of Congress are transferred to the executive branch in order to eliminate congressional lags.
C) Congress writes legislation providing more automatic stabilizers in the economy.
D) Congress provides limited authority to the president to alter fiscal or monetary policy for the purpose of stabilization.
Correct Answer:

Verified
Correct Answer:
Verified
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