Solved

A Major Advantage of the Built-In or Automatic Stabilizers Is

Question 111

Multiple Choice

A major advantage of the built-in or automatic stabilizers is that they:


A) simultaneously stabilize the economy and reduce the absolute size of the public debt.
B) automatically produce surpluses during recessions and deficits during inflations.
C) require no discretionary budgetary policy.
D) guarantee that the federal budget will be balanced over the course of the business cycle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions