Unemployment benefits act as automatic stabilisers by:
A) allowing for more consumer spending during prosperity.
B) increasing spending during a recession.
C) making the unemployment rate worse during a recession.
D) allowing for less consumer spending during a recession.
Correct Answer:
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Q19: Assume the economy is in recession and
Q21: When the economy enters a prosperity phase,
Q22: Unemployment benefits are an example of a/an:
A)
Q25: Automatic stabilisers tend to stabilise the level
Q26: Assume Parliament enacts a $10 billion decrease
Q27: When the economy enters a prosperity phase,
Q28: Which of the following is not an
Q36: To combat a recession, Keynesian fiscal policy
Q65: Personal income taxes:
A) make recessions and inflationary
Q86: If no fiscal policy changes are made,
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