An example of an automatic stabilizer is
A) unemployment compensation.
B) a newly enacted surtax to slow down an overheated economy.
C) a horizontal aggregate supply curve.
D) a change in the marginal tax rates.
Correct Answer:
Verified
Q191: The recognition time lag recognizes that it
Q198: When data on the economy requires some
Q199: A problem with using fiscal policy to
Q204: Q206: Unemployment compensation programs are called automatic stabilizers Q207: In the United States economy, the progressive Q207: An advantage of automatic stabilizers over discretionary Q211: The existence of automatic stabilizers will Q216: Which of the following is an example Q219: When real Gross Domestic Product (GDP) falls,
A) reduce
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Install the app to get 2 free unlocks
Unlock quizzes for free by uploading documents