Automatic stabilizers result in _____ fluctuations in aggregate demand for given changes in spending than would be the case for an economy in which automatic stabilizers did not exist.
A. greater
B. more severe
C. smaller
D. the same
C. smaller
Economics
You might also like to view...
Refer to Table 11.1. What is the value of the government spending multiplier?
A) 1.67 B) 2.5 C) 3.33 D) 4
Economics
How much is this firm's ATC?
Economics
If intermediate goods and services were included in GDP:
A. the GDP would be overstated. B. the GDP would then have to be deflated for changes in the price level. C. nominal GDP would exceed real GDP. D. the GDP would be understated.
Economics
If 1 U.S. dollar exchanges for 0.65 euro, how much would it cost in U.S. dollars and cents to purchase a bottle of Italian wine priced at 40 euro?
What will be an ideal response?
Economics