Automatic stabilizers
A) require action by Parliament.
B) are triggered by a change in real GDP.
C) involve only a change in government spending and no change in revenues.
D) involve only a change in personal income tax rates.
E) work during recessions but not during expansions.
Correct Answer:
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Q128: Which is part of federal government spending?
A)
Q129: The cyclical deficit
A) is a persistent economic
Q131: Government should not try to
A) eliminate budget
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Q133: During a recession, tax revenues
A) fall and
Q134: There is a structural deficit when government
Q135: All of the following increase the budget
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