« previous next »

Author Question: A major advantage of automatic stabilizers is that they: a. guarantee that the federal budget will ... (Read 88 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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Major fluid compartments in the body Major fluid compartments in the body
The Major Divisions of the Visual Cortex of the Rhesus Monkey The Major Divisions of the Visual Cortex of the Rhesus Monkey
The Six Major Divisions of Biopsychology, with Examples of How They Have Approached the Study of ... The Six Major Divisions of Biopsychology, with Examples of How They Have Approached the Study of ...
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts, 27th ... Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts, 27th ...
Major hormones Major hormones
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library