The built-in stabilizers in the economy tend to
A) fully offset irregular swings in real GDP.
B) magnify somewhat the irregular swings in real GDP.
C) dampen the irregular swings in real GDP.
D) overcompensate for the irregular swings in real GDP.
Correct Answer:
Verified
Q201: Which of the following fiscal policy changes
Q202: Q203: Q204: The more progressive the tax system, the Q205: Which of the following is an example Q207: As the economy declines into recession, the Q208: Due to automatic stabilizers, when the nation's Q209: Which of the following fiscal policy changes Q210: Actions by the federal government that decrease Q211: The so-called negative taxes are better known![]()
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A)
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