Unlike discretionary fiscal policy, automatic stabilizers consist of
A) deliberate changes in government spending to counteract recession and inflation
B) deliberate changes in household taxes to counteract recession and inflation
C) deliberate changes in corporation income taxes to counteract recession and inflation
D) changes in government spending and tax revenues that occur automatically as the economy fluctuates
Correct Answer:
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Q48: Suppose the economy is in a recession
Q49: If the aggregate supply curve is horizontal,
Q50: If the aggregate supply curve is upward
Q51: The basic elements of fiscal policy were
Q52: The automatic fiscal stabilizers include all of
Q54: All of the following are problems of
Q55: Fiscal policy is enacted by the
A) Federal
Q56: The lag between the time that a
Q57: The crowding-out effect occurs when increased government
Q58: Which of the following is not true
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