Automatic stabilizers
A) are triggered by the business cycle.
B) are caused by a change in government expenditures.
C) require an act of Congress.
D) are caused by changes in personal tax rates.

Question

Quizplus · Accepted Answer

Automatic stabilizers are economic policies and programs, such as unemployment insurance and progressive taxes, that automatically adjust with the business cycle without the need for new government action.

Automatic Stabilizers