Multiple Choice
Which statement is CORRECT?
A) Automatic stabilizers indicate deliberate action by policy makers.
B) Discretionary fiscal policy shows automatic adjustments without any specific effort by policy makers.
C) Discretionary fiscal policy indicates deliberate action by policy makers.
D) Automatic stabilizers are risky to use and sometimes can get the economy destabilized.
Correct Answer:
Verified
Correct Answer:
Verified
Q70: A government might want to increase aggregate
Q118: To close an inflationary gap with fiscal
Q311: Public debt is:<br>A)taxes minus government purchases minus
Q313: In 1999 many European countries signed a
Q314: The 2009 U.S. stimulus was an expansionary
Q317: Which of the following fiscal policies would
Q318: Use the following to answer questions:<br>Figure: Fiscal
Q319: Consider an economy that already has a
Q320: Automatic stabilizers act like:<br>A)automatic expansionary fiscal policy
Q321: Implicit liabilities of a government are:<br>A)bonds held