Multiple Choice
To determine the size of the automatic stabilizer in 2011,
A) calculate the difference between the taxes and spending proposed for 2011 and the actual taxes and spending in 2011.
B) compare the budget proposed by the president with the budget passed by Congress.
C) compare the size of the budget calculated by the president with the size of the budget calculated by the Congressional Budget Office (CBO) .
D) read the language of the FY2011 Budget.
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In practice, discretionary fiscal policy has<br>A)been unsuccessful
Q3: Because the government is the official issuer
Q4: Most of the spending in the enacted
Q5: Explain the major trends in the debt
Q6: Supporters of policy rules argue that automatic
Q8: Most state and local government expenditures are
Q9: Policy rules tend to make the budget
Q10: The third substantial piece of fiscal policy
Q11: If taxes became more progressive, we would
Q12: President Barack Obama signed into law the