The Effectiveness of Automatic Stabilizers Is Limited by the Fact

The effectiveness of automatic stabilizers is limited by the fact that

A) Congress usually acts slowly in legislating changes in tax rates.
B) The stabilizers tend to raise the average price level regardless of the phase of the business cycle.
C) The offset that the stabilizers provide to a change in private spending is less than the change in private spending.
D) Transfer payments and subsidies increase during inflation and decrease during recessions.
E) The stabilizers produce budget surpluses during recessions.