« previous next »

Author Question: A major advantage of automatic stabilizers is that they: a. guarantee that the federal budget will ... (Read 93 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
on: Jun 30, 2018
A major advantage of automatic stabilizers is that they:
 a. guarantee that the federal budget will be balanced over the course of the business cycle.
  b. require no legislative action by Congress to take effect.
 c. simultaneously stabilize the economy and reduce the size of the public debt.
 d. automatically produce surpluses during recessions and deficits during economic booms.

Question 2

Which of the following is assumed to be constant in the quantity theory of money?
 a. The money supply
  b. Real GDP
  c. The price level
  d. The velocity of money
  e. Nominal GDP


sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Balancing selection and heterozygote advantage. Balancing selection and heterozygote advantage.
The hierarchy of biological classification's eight major taxonomic ranks. The hierarchy of biological classification's eight major taxonomic ranks.
The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ... The major structures of the limbic system: amygdala, hippocampus, cingulate cortex, fornix, septum, ...
The major events associated with the three phases of energy metabolism: the cephalic, absorptive, ... The major events associated with the three phases of energy metabolism: the cephalic, absorptive, ...
Hurricane Paths: Major Hurricane History Hurricane Paths: Major Hurricane History
The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library