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Author Question: Automatic stabilizers are government programs that: a. exaggerate the ups and downs in aggregate ... (Read 101 times)

moongchi

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on: Jun 30, 2018
Automatic stabilizers are government programs that:
 a. exaggerate the ups and downs in aggregate demand without legislative action.
  b. bring expenditures and revenues automatically into balance without legislative action.
  c. shift the budget toward a deficit when the economy slows but shift it toward a surplus during an expansion.
  d. increase tax collections automatically during a recession.

Question 2

Keynesian economists believe monetary policy is more effective than fiscal policy in stabilizing the business cycle.
 a. True
  b. False
  Indicate whether the statement is true or false


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krakiolit

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

c

Answer to Question 2

False


moongchi

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

irishcancer18

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Reply 3 on: Yesterday
Wow, this really help

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