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Author Question: Government programs that automatically shift the government budget toward a deficit during ... (Read 10 times)

SGallaher96

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on: Jun 30, 2018
Government programs that automatically shift the government budget toward a deficit during recessions and a surplus during recoveries are called:
 a. discretionary fiscal policy.
  b. automatic stabilizers.
  c. progressive taxation.
  d. price deflators.

Question 2

If the investment curve is relatively flat, the Keynesian conclusion is that the transmission mechanism has little effect on the economy.
 a. True
  b. False
  Indicate whether the statement is true or false


meow1234

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


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