Spending money to battle flooding on the Mississippi River is an example of an automatic stabilizer.

Question

Quizplus · Accepted Answer

Automatic stabilizers refer to government policies and programs that automatically adjust and stabilize the economy during a recession or expansion. Spending money on battling flooding on the Mississippi River is not an automatic stabilizer as it is not a policy or program designed to stabilize the economy.

Spending Money to Battle Flooding on the Mississippi River Is