Which of the following is an automatic stabilizer that moves the federal budget toward deficit during an economic contraction and toward surplus during an economic expansion?

Question

Quizplus · Accepted Answer

Automatic stabilizers like personal and corporate income tax revenues decrease during contractions and increase during expansions, while unemployment benefits increase during contractions and decrease during expansions, collectively moving the budget toward deficit in contractions and surplus in expansions.

Which of the Following Is an Automatic Stabilizer That Moves