Government transfer paymentsare called "automatic stabilizers" because:
a. Government transfer paymentsare automatically countercyclical.
b. Government transfer paymentsare automatically procyclical.
c. Government transfer paymentsis automatically acyclical.
d. None of the above.
.A
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The transcontinental railroads were completed in the 25 years
A. before the Civil War. B. after the Civil War. C. after 1890. D. after the 20th century began.
The New Deal
A. may be summarized by these words: relief, recovery, and reform. B. introduced Medicare and Medicaid. C. succeeded in quickly extending the Great Depression. D. reduced the economic role of the federal government.
The brief success of the OPEC cartel in the 1970s can most plausibly be attributed to
A) the dependence of industrial economies on oil. B) the fact that OPEC was a cartel formed by national governments. C) the inelastic demand for oil. D) the misguided policies of the U.S. government. E) the widespread expectation of much higher prices in the future.
The labor force participation rates of women have rapidly increased since 1948
Indicate whether the statement is true or false