Multiple Choice
Because of automatic stabilizers,_____.
A) fiscal policy focuses on maintaining an annually balanced budget
B) planning discretionary fiscal measures to reduce economic fluctuations is easy
C) government budget deficits are zero if averaged out over the entire business cycle
D) policy makers should be concerned less with balancing the budget annually
E) government budget deficits are smaller during expansions and larger during contractions
Correct Answer:
Verified
Correct Answer:
Verified
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