« previous next »

Author Question: A major advantage of automatic stabilizers is that they: a. guarantee that the federal budget will ... (Read 51 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
on: Jun 30, 2018
A major advantage of automatic stabilizers is that they:
 a. guarantee that the federal budget will be balanced over the course of the business cycle.
  b. require no legislative action by Congress to take effect.
 c. simultaneously stabilize the economy and reduce the size of the public debt.
 d. automatically produce surpluses during recessions and deficits during economic booms.

Question 2

Which of the following is assumed to be constant in the quantity theory of money?
 a. The money supply
  b. Real GDP
  c. The price level
  d. The velocity of money
  e. Nominal GDP


sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Major structures of the human brain. Major structures of the human brain.
The major arteries of the body. The major arteries of the body.
Guide to Major Massage Therapy Organizations in the United States* Guide to Major Massage Therapy Organizations in the United States*
The Three Major Doshas-Basic Constitutional Types The Three Major Doshas-Basic Constitutional Types
Interdependence of the Major Organs in Vertebrate Fuel Metabolism Interdependence of the Major Organs in Vertebrate Fuel Metabolism
Major Causes of Death from Infectious Disease Major Causes of Death from Infectious Disease
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library