Automatic stabilizers combine changes in discretionary fiscal policy with changes in government spending and taxes influenced by the business cycle in order to stabilize the economy.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Preannounced, stable policies to achieve a low and constant money supply growth and a balanced federal budget are therefore the best way to lower the inflation rate. This statement best illustrates the:
a. Keynesian theory.
b. rational expectations theory.
c. incomes policy.
d. supply-side theory.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
This chart shows the various lines of responsibility and how they differ in presidential and parliam
Many thought ideological politics was over in the United States, but 2012 showed strong ideological
Government in America: People, Politics, and Policy, AP
American Government: Roots and Reform, AP* Edition, 12th Edition
Presidential success under unified and divided government, from Eisenhower to trump