Solved

What Is the Primary Benefit of the Automatic Stabilizers

Question 75

Multiple Choice

What is the primary benefit of the automatic stabilizers?


A) They require legislative action, so there is a lag in the tool's response to fluctuations in the business cycle, and there is time to identify the spillover effects.
B) They act to keep the economy at the full employment output level.
C) They provide public assistance through legislative decision making.
D) They require no new legislative action, so there is no legislative lag before these tools respond to fluctuations in the business cycle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents