Solved

Which of the Following Statements About Automatic Stabilizers in Canada

Question 81

Multiple Choice

Which of the following statements about automatic stabilizers in Canada is the most accurate?


A) They are the responsibility of the provinces since they, unlike the federal government, do not face lag problems.
B) They are controlled by the Bank of Canada to help manage the business cycle.
C) They are able to completely eliminate all the lag problems associated with fiscal policy.
D) They are changes in government transfer payments and tax revenues that vary automatically and inversely to business cycle changes.

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