Because taxes and transfer payments such as unemployment insurance act to change GDP without the need for policymakers to take explicit action, then these taxes and transfer payments are called:
A) discretionary stabilizers.
B) automatic stabilizers.
C) mandatory stabilizers.
D) fluctuation stabilizers.
Correct Answer:
Verified
Q29: Q30: Social insurance taxes are: Q31: Recall Application 2, "The Confucius Curve?" to Q32: Fiscal policy shifts the: Q33: At the end of the 1990s, the Q35: During the Kennedy Era, the tax cut Q36: In 2009, federal taxes were about _ Q37: A reduction in government expenditure or an Q38: An increase in government spending or a Q39: Maintaining a balanced budget during an economic![]()
A) taxes levied on
A) the short run
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