The presence of the automatic stabilizers means an increase in the budget deficit will be automatically experienced during a recession whereas a budget surplus will be automatically experienced during an economic expansion.
a. True
b. False
Indicate whether the statement is true or false
Question 2
According to rational expectations theory, what information do businesses and workers use when they form their expectations regarding inflation?
a. Recent events and data.
b. Keynesian and monetarist models.
c. Forecasts by public-and private-sector economists.
d. All the relevant information that is available.
Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
Inflammation. Inflammation is characterized by the presence of swelling, redness, heat, and pain. Sw
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Increase in rainfall on continents