Taxes and government expenditures that, without need for additional government action, change in response to changes in the level of economic activity are called
A) cyclically balanced budgets.
B) built- in monetary stabilizers.
C) automatic stabilizers.
D) discretionary fiscal variables.
Correct Answer:
Verified
Q189: One characteristic of automatic stabilizers is that
Q190: Automatic stabilizers are at work if, as
Q191: Automatic stabilizers refer in part to
A) the
Q192: Automatic stabilization occurs
A) because government expenditures on
Q193: Because of automatic stabilizers, when real GDP
Q195: Automatic stabilizers
A) include unemployment benefit payments.
B) do
Q196: Automatic stabilizers
A) cushion the decrease in after-
Q197: Because of automatic stabilizers, when GDP fluctuates
Q198: If the economy falls into a recession,
Q199: The income tax system
A) enlarges movements in
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