Economics for Today 9th Edition by Irvin Tucker

تمرين 3

Key Concept: Automatic stabilizers
Automatic stabilizers "lean against the prevailing wind" of the business cycle because
A) wages are controlled by the minimum wage law.
B) federal expenditures and tax revenues change as the level of real GDP changes.
C) the spending and tax multipliers are constant.
D) they include the power of special interests.
Causation Chain Game
Automatic Stabilizers-Exhibit 7