Multiple Choice
Which of the following is not an automatic stabilizer?
A) the minimum wage
B) the unemployment compensation system
C) the federal income tax
D) the welfare system
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Which of the following statements generates the
Q5: Figure 34-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 34-9
Q6: Macroeconomic forecasts are<br>A)precise;this makes policy lags less
Q8: The Employment Act of 1946<br>A)implies that the
Q10: Keynes argued that<br>A)irrational waves of pessimism cause
Q11: Suppose there is a tax increase.To stabilize
Q12: Keynes argued that aggregate demand is<br>A)stable,because the
Q14: Keynes used the term "animal spirits" to
Q73: Other things the same, automatic stabilizers tend
Q75: Monetary policy affects the economy with a