Automatic stabilizers
A) shorten the recognition lag of discretionary fiscal policy.
B) often are destabilizing in the economy because of the various lags associated with any kind of fiscal policy.
C) provide signals to Parliament about changes in fiscal policy that need to be made to keep the economy operating at its full employment level.
D) moderate changes in disposable income resulting from changes in overall business activity.
Correct Answer:
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Q79: Figure 11-2 Q80: One part of the supply-side economics argument Q81: During which time should the multiplier be Q83: Automatic stabilizers are Q85: A bill is submitted to Parliament in
A)provisions that cause changes in
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