Unemployment insurance payments act as automatic stabilizers by:
A) allowing for more consumer spending during prosperity.
B) making the unemployment rate worse during a recession.
C) allowing for more consumer spending during a recession.
D) changing the Phillips curve to a Laffer curve.
Correct Answer:
Verified
Q69: Unemployment compensation payments:
A) rise during a recession
Q70: Which of the following is an automatic
Q71: Which of the following is not an
Q72: Automatic stabilizers stabilize the level of real
Q73: Income tax collections:
A) fall during periods of
Q75: An advantage of automatic stabilizers is that
Q76: On a graph showing the influence of
Q77: When an economy dips into recession, automatic
Q78: Because of the automatic stabilizers, a decline
Q79: The unemployment compensation program:
A) makes recessions more
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