Automatic stabilizers:
A. minimize fluctuations in the economy.
B. must be authorized by the President.
C. decrease taxes during expansions.
D. increase welfare payments during expansions.
Answer: A
You might also like to view...
A firm's stock price will be higher when the interest rate is ____ and the value of the firm's expected future profits are ____
a. lower; larger b. lower; smaller c. higher; larger d. higher; smaller
Explain in detail how the California gold rush contributed to rising prices in the early 1850's
The price of peanuts drops from 50 cents to 25 cents per pound. How and why might an individual and a group of 1,000 people respond to this price drop very differently?
What will be an ideal response?
When the interest rate rises, people are:
A. less likely to save, that is, purchase a financial asset. B. more likely to save, that is, sell a financial asset. C. more likely to save, that is, purchase a financial asset. D. less likely to save, that is, sell a financial asset.