Question: Automatic stabilizers function by: Question 1 3 Answer a . Increasing the budget deficit during a boom b . Requiring new legislation to be effective

Automatic stabilizers function by:
Question 13Answer
a.
Increasing the budget deficit during a boom
b.
Requiring new legislation to be effective
c.
Reducing unemployment directly
d.
Automatically adjusting government spending and taxes without additional government action

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!