Which of the following actions results in the shortest lag between recognition of a problem and an appropriate stabilization response?
A)Congress takes authority over stabilization and is not required to wait for the executive branch to respond.
B)The appropriation and authorization responsibilities of Congress are transferred to the executive branch in order to eliminate congressional lags.
C)Congress writes legislation providing more automatic stabilizers in the economy.

Question

Quizplus · Accepted Answer

By writing legislation that provides more automatic stabilizers in the economy, Congress can ensure that stabilization responses occur quickly and automatically without the need for intervention or approval from the executive branch. This can help to minimize lags between the recognition of a problem and an appropriate response.

Which of the Following Actions Results in the Shortest Lag