The automatic stabilizers in the U.S. economy are sufficiently strong to prevent recessions.

Name: The automatic stabilizers in the U.S. economy are sufficiently strong to prevent recessions.
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Question

The automatic stabilizers in the U.S. economy are sufficiently strong to prevent recessions.​

Quizplus · Accepted Answer

Automatic stabilizers, such as unemployment insurance and progressive taxation, can mitigate the severity of economic fluctuations but are not powerful enough to prevent recessions altogether. Recessions can be caused by a wide range of factors that automatic stabilizers cannot fully counteract.

The Automatic Stabilizers in the U