Automatic stabilizers combine changes in discretionary fiscal policy with changes in government spending and taxes influenced by the business cycle in order to stabilize the economy.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Preannounced, stable policies to achieve a low and constant money supply growth and a balanced federal budget are therefore the best way to lower the inflation rate. This statement best illustrates the:
a. Keynesian theory.
b. rational expectations theory.
c. incomes policy.
d. supply-side theory.
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Generally, the total tax burden in the United States is much lower than that of other industrialize
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Many vehicles equipped with an automatic transmission use a transmission fluid cooler installed in ...
Scientific monitoring with environmental policy (SOER)
Government in America: People, Politics, and Policy, AP