Automatic stabilizers are increases in spending and reductions in taxes that.Are enacted by the President when the economy enters in a recessionAre enacted by Congress when the economy enters in a recessionAre the result of existing tax and revenue spending rulesAre required by the Department of Treasury as needed

Answer: Correct option: C (Are the result of existing tax and revenue spending rules) Explanation:…

Automatic stabilizers are increases in spending and reductions in taxes that_ Are enacted by the President when the economy enters in a recession O Are enacted by Congress when the economy enters in a recession Are the result of existing tax and revenue spending rules Are required by the Department of Treasury as needed

Automatic stabilizers are increases in spending and reductions in taxes that_ Are enacted by the President when the economy enters in a recession O Are enacted by Congress when the economy enters in a recession Are the result of existing tax and revenue spending rules Are required by the Department of Treasury as needed

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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