Automatic stabilisers are defined as
A) policy that has no multiplier effects.
B) policy that stabilises without the need for action by the government.
C) actions taken by Treasury to stabilise the economy.
D) actions taken by the Prime Minister without Parliamentary approval to stabilise the economy.
E) discretionary policy taken to stabilise the economy.
Correct Answer:
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Q2: As contrasted to the Keynesian view, mainstream
Q24: When an economy is above full employment
Q28: The structural deficit or surplus is the
A)
Q35: The structural surplus
A) equals the actual surplus
Q39: The government debt can only be reduced
Q42: Which of the following is an example
Q46: The structural deficit is the deficit
A)caused by
Q47: Automatic stabilisers
A)have no effect on the magnitude
Q48: Fiscal policies that move the economy toward
Q49: The cyclical deficit is the portion of
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