All of the following are examples of automatic stabilizers except

A) personal income taxes.
B) means-tested federal transfer payments.
C) welfare benefits.
D) government emergency spending.


Ans: D) government emergency spending.

Economics

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Jim has the following assets and liabilities:Credit Card balance$2,000Cash$500Government bonds$2,000Checking$750Car loan balance$5,000Car$15,000What is Jim's money demand?

A. $500 B. $1,250 C. $750 D. $3,250

Economics

It is sometime useful to view each step in the supply chain as a(n)

A) single market. B) integrated process. C) horizontal process. D) vertical process.

Economics

Payoffs are:

A. things that are only enjoyed by the winner. B. always monetary. C. bribes made to gain some advantage unfairly during a game. D. the rewards that come from particular actions.

Economics

Suppose a change takes place and the new equilibrium is at point A in the above figure. This change could have been caused by

A. an increase in the per-unit tax on DVDs. B. a reduction in the price of DVD players. C. a reduction in the wages paid to workers in the DVD industry. D. a decrease in the income of consumers.

Economics