Various programs of the federal government help stabilize disposable income, and in turn, economic activity in general. In so doing,
A) income tax rates may be lowered during periods of prosperity and increased during slack economic periods.
B) some programs act on a continuing basis and are described as automatic stabilizers.
C) the timing of sale of U.S. savings bonds is instrumental in accomplishing this objective.
D) these programs seldom attain their goals.
Correct Answer:
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