Automatic stabilizers:
A) keep the federal budget from moving toward a deficit or surplus.
B) push the federal budget toward a deficit regardless of whether the economy is expanding or contracting.
C) push the federal budget toward a surplus regardless of whether the economy is expanding or contracting.
D) push the federal budget toward a deficit in recessionary times and toward a surplus as the economy approaches full employment.
Correct Answer:
Verified
Q106: A surplus in the federal budget should
Q107: A deficit in the federal budget when
Q108: A deficit in the federal budget when
Q109: You would expect a balanced federal budget
Q110: You would expect the level of economic
Q112: Efforts to reduce the federal deficit:
A) could
Q113: Which of the following statement is FALSE?
A)
Q114: A major problem with using fiscal policy
Q115: The federal government may not pursue a
Q116: Implementing proper fiscal policy is difficult when
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents