Automatic stabilizers include all of these EXCEPT

Question

Quizplus · Accepted Answer

Automatic stabilizers are government programs that automatically kick in during economic downturns to provide a safety net and stimulate demand. They include unemployment compensation benefits, welfare payments, and tax revenues, as they all increase during a recession. However, national defense spending is not an automatic stabilizer, as it does not change in response to changes in the business cycle.

Automatic Stabilizers Include All of These EXCEPT