Which statement is true?
A) Both unemployment compensation and personal savings are automatic stabilizers.
B) Neither unemployment compensation nor personal savings are automatic stabilizers.
C) Only unemployment compensation is an automatic stabilizer.
D) Only personal savings is an automatic stabilizer.
Correct Answer:
Verified
Q205: The multiplier effect tends to
A)decrease upswings and
Q206: If full employment GDP is greater than
Q207: The federal debt
A)is the current total of
Q208: Fiscal policy influences the levels of income
Q209: Why would a budget approved by Congress
Q211: Since 1980,the public debt has
A)remained constant absolutely,but
Q212: Automatic stabilizers
A)are programs which require legislative action.
B)are
Q213: Nondiscretionary fiscal policy
A)entails legislative changes in government
Q214: As the MPC rises,the multiplier
A)will rise.
B)will fall.
C)will
Q215: The federal budget deficits of the 1980s
A)are
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