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.
Pairs of heavy and light chains combine to form a Y-shaped molecule
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
How to combine approximate and exact numbers when considering significant digits
Growth of Government Spending, 1870–2009
Government in America: People, Politics, and Policy, AP