Which of the following best describes what is meant by automatic stabilization policies?
A) Policies that automatically help boost the economy when heading into an economic upturn
B) Policies that require the direct action of the movement of the economy
C) Policies that tend to dampen increases in aggregate demand during expansion and stimulate aggregate demand during recession without the requirement of political voting
D) Any policy that acts on fiscal matters to improve economic performance
Correct Answer:
Verified
Q133: Built-in stabilizers
A)are insufficient to prevent the business
Q134: Balancing the federal budget over the business
Q135: A "conservative" economist who advocates an active
Q136: Fiscal year 1994 ran from
A)January 1,1994 to
Q137: Governmental assistance to the unemployed
A)was advocated by
Q139: When we are running a federal budget
Q140: Which of the following would be a
Q141: Which statement is true?
A)We have a national
Q142: Federal budget deficits
A)help stabilize the economy during
Q143: Fiscal policy is
A)periodic fluctuations in the level
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