One characteristic of automatic stabilizers is that they
A) have no effect on unemployment.
B) automatically produce surpluses during recessions and deficits during inflation.
C) require no legislative action by Congress to be made effective.
D) reduce the size of the federal government debt during times of recession.
Correct Answer:
Verified
Q184: The term "induced taxes" refers to
A) sales
Q185: Income taxes in the United States are
Q186: An automatic stabilizer
A) requires action by the
Q187: An example of an automatic fiscal policy
Q188: Income taxes and transfer payments
A) prevent the
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
Q194: Taxes and government expenditures that, without need
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