This topic contains a solution. Click here to go to the answer

Author Question: Automatic stabilizers are government programs that: a. exaggerate the ups and downs in aggregate ... (Read 134 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
Automatic stabilizers are government programs that:
 a. exaggerate the ups and downs in aggregate demand without legislative action.
  b. bring expenditures and revenues automatically into balance without legislative action.
  c. shift the budget toward a deficit when the economy slows but shift it toward a surplus during an expansion.
  d. increase tax collections automatically during a recession.

Question 2

Keynesian economists believe monetary policy is more effective than fiscal policy in stabilizing the business cycle.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

c

Answer to Question 2

False




moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
:D TYSM


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library