Increased government spending on unemployment insurance during a recession is an example of:

A. an automatic stabilizer.
B. discretionary fiscal policy.
C. expansionary fiscal policy.
D. contractionary fiscal policy.


A. an automatic stabilizer.

Economics

You might also like to view...

As long as the marginal revenue curve lies above the horizontal axis,

a. total revenue must exceed total cost b. the total revenue curve must have a positive slope c. marginal revenue must exceed marginal cost d. profit must be rising e. the firm must be earning a profit

Economics

In 2011, federal government receipts were approximately

a. $4,000 per person and federal government spending was approximately $8,000 per person, resulting in a budget deficit. b. $8,000 per person and federal government spending was approximately $12,000 per person, resulting in a budget deficit. c. $12,000 per person and federal government spending was approximately $8,000 per person, resulting in a budget surplus. d. $8,000 per person and federal government spending was approximately $4,000 per person, resulting in a budget surplus.

Economics

The average federal matching assistance percentage across the U.S. received by the typical state is approximately _____ percent of overall Medicaid spending.

a. 75 b. 60 c. 50 d. 70 e. 55

Economics

Which of the following is an example of a negative externality?

A) There is an increase in injuries to pedestrians caused by accidents resulting from electronic billboards distracting drivers. B) The opening of a new shopping mall increases the business of nearby restaurants. C) A consumer pays a higher price than another consumer does for the same product. D) Consumers pay a sales tax in addition to the price of a product.

Economics