The change in government payments for unemployment compensation that occurs as the economy moves into a recession is an example of:
A) monetary policy.
B) automatic stabilization.
C) a tax incentive program.
D) discretionary fiscal policy.
Correct Answer:
Verified
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
Q79: Automatic stabilization:
A) increases economic activity during recessions
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)
Q85: Each of the following is true EXCEPT:
A)
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