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 147 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
Excellent


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library