During expansions,automatic stabilizers make government expenditures
A) and taxes fall.
B) and taxes rise.
C) rise, and taxes fall.
D) fall and taxes rise.
Correct Answer:
Verified
Q13: The Kennedy tax cut of 1964 was
A)successful
Q32: Critics of stabilization policy argue that
A)there is
Q52: Opponents of active stabilization policy
A)advocate a monetary
Q55: Automatic stabilizers
A)increase the problems that lags cause
Q56: During recessions,automatic stabilizers tend to make the
Q210: The most important automatic stabilizer is
A)open-market transactions.
B)the
Q212: The Kennedy tax cut of 1964 included
Q398: In the short run,
A) the price level
Q403: In the long run, the level of
Q417: In the long run, changes in the
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