Automatic stabilization:
A) increases economic activity during recessions and has no effect during expansions.
B) restrains economic activity during expansions and has no effect during recessions.
C) increases economic activity during recessions and restrains economic activity during expansions.
D) restrains economic activity during recessions and increases economic activity during expansions.
Correct Answer:
Verified
Q74: If the economy were to slip into
Q75: If the economy were approaching full employment
Q76: Suppose that, without any legislative action, personal
Q77: Automatic stabilization:
A) can be enacted by the
Q78: The automatic stabilization process can be described
Q80: The change in government payments for unemployment
Q81: The most likely effect of a law
Q82: Automatic stabilizers can be expected to:
A) correct
Q83: The term economic stimulus was first applied
Q84: The American Recovery and Reinvestment Act (ARRA):
A)
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