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Author Question: If the economy is in a recession, the full-employment deficit is ________ the actual deficit. (Read 89 times)

sc00by25

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Question 1

An example of an automatic stabilizer is


◦ the food stamp program.
◦ changing the tax laws to increase the marginal tax rates.
◦ the indexation of social security benefits to the consumer price index.
◦ the interest the government pays on loans.

Question 2

If the economy is in a recession, the full-employment deficit is ________ the actual deficit.


◦ larger than
◦ equal to
◦ smaller than
◦ equal to or larger than


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Marked as best answer by sc00by25 on Apr 19, 2019

Sassygurl126

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Sassygurl126

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