Automatic fiscal stabilizers a. keep the federal budget ...

[sam.t96]

Automatic fiscal stabilizers
 
  a. keep the federal budget balanced.
  b. keep the federal high employment budget balanced.
  c. help to reduce the severity of recessions and inflationary boom periods.
  d. increase structural deficits over the business cycle.
  e. both c and d.

Question 2

The Field Hypothesis (2003) suggests that production possibilities expanded during the depression years. Much of the resulting increase in potential went unrealized, though. This explains why potential output in 1942 was greater than expected.
 
  Indicate whether the statement is true or false

[Jadwiga9]

Answer to Question 1

C

Answer to Question 2

True

[sam.t96]

Great answer, keep it coming

[irishcancer18]

Thanks for the timely response, appreciate it