Which of the following is not an automatic stabilizer?
a. the minimum wage
b. the unemployment compensation system
c. the federal income tax
d. the welfare system
a
You might also like to view...
An increase in the minimum wage to $15 per hour would lead to
A) an increase in search activity for many workers. B) a decrease in search activity for many workers. C) a decrease in unemployment. D) no change in unemployment. E) no change in employment.
A trade deficit occurs when:
a. a country imposes a price floor on the good in which it has a comparative advantage. b. a country's imports exceed its exports. c. a country imposes a price ceiling on the good in which it has a comparative advantage. d. a country's exports exceed its imports. e. the domestic product market is in disequilibrium.
Ceteris paribus means
A) one variable too many. B) the correct relationship specified. C) assuming economic motives. D) all other things held constant or nothing else changes.
Management fees for mutual funds are:
A. usually a percentage of the gains the fund achieves. B. fixed by regulation and can vary by the size of the fund. C. fixed by regulation. D. usually a percentage of the funds under management.