Food stamps, unemployment compensation benefits, the federal personal income tax, and federal construction expenditures are automatic stabilizers.
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Q17: If a law is passed that forces
Q18: An appropriate fiscal policy for a recession
Q19: If the aggregate supply curve is horizontal,
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Q21: As national income increases, tax revenues increase
Q23: Critics fear that the U.S. government's debt
Q24: Economic theory suggests that a decrease in
Q25: Most of the U.S. government's debt is
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Q27: The Works Project Administration (WPA) is an
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