3. Automatic stabilizers: Group of answer choices work without the need for decisions from Congress or the White House increase taxes during recessions magnify fluctuations in the economy. require explicit actions by policymakers to bec

3. Automatic stabilizers: Group of answer choices work without the need for decisions from Congress or the White House increase taxes during recessions magnify fluctuations in the economy. require explicit actions by policymakers to bec

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 1.7P

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Question

43.

Automatic stabilizers:

Group of answer choices

work without the need for decisions from Congress or the White House

increase taxes during recessions

magnify fluctuations in the economy.

require explicit actions by policymakers to become active

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