Question: Q1 An example of an automatic stabilizer is A: a lowering of interest rates by the Fed B: unemployment benefits C: a decrease in money

Q1 An example of an automatic stabilizer is

A: a lowering of interest rates by the Fed

B: unemployment benefits

C: a decrease in money demand

D: a decrease in tax rates in response to a recession

Q2 Which of the following statements about aggregate supply is correct?

A: All of the above

B: Shifts in aggregate supply can cause a recession

C: Shifts in aggregate supply can cause a fall in output and a rise in prices

D: Shifts in aggregate supply can cause stagflation

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