The structural features of our economy that work to offset the effects of the business cycle are called
A) tools of discretionary policy.
B) public works programs.
C) full-employment bills.
D) automatic stabilizers.
E) countercyclical propensities.

Question

Quizplus · Accepted Answer

The term "automatic stabilizers" refers to the structural features of our economy that work to offset the effects of the business cycle. These include programs such as unemployment insurance, which automatically provide support to individuals and families during economic downturns. They do not require discretionary policy actions to be taken by the government.

The Structural Features of Our Economy That Work to Offset