Automatic stabilizers are defined as
A) actions taken by an act of Congress to stabilize the economy.
B) policy that has no multiplier effects.
C) actions taken by the President without Congressional consent to stabilize the economy.
D) policy that stabilizes without the need for action by the government.
E) discretionary policy taken to stabilize the economy.
Correct Answer:
Verified
Q74: The magnitude of the tax multiplier is
Q75: If the government reduces expenditure on goods
Q76: The government collects tax revenues of $100
Q77: The structural deficit or surplus is the
A)difference
Q78: If the federal government has a budget
Q80: In the labor market, the income tax
Q81: The structural surplus
A)equals the actual surplus plus
Q82: The structural deficit is the deficit
A)caused by
Q83: The actual budget deficit is equal to
Q84: In the United States for the year
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