-The above economy is characterized by:
A) built-in stability.
B) taxes which vary directly with GDP,but government spending which is independent of GDP.
C) taxes which are independent of GDP,but government spending which varies directly with GDP.
D) a multiplier of 2.5.

Question

-The above economy is characterized by:
A) built-in stability. 
B) taxes which vary directly with GDP,but government spending which is independent of GDP. 
C) taxes which are independent of GDP,but government spending which varies directly with GDP. 
D) a multiplier of 2.5.

Quizplus · Accepted Answer

The Answer of 
-The above economy is characterized by:
A) built-in stability. 
B) taxes which vary directly with GDP,but government spending which is independent of GDP. 
C) taxes which are independent of GDP,but government spending which varies directly with GDP. 
D) a multiplier of 2.5.

-The Above Economy Is Characterized By