Business, 05.08.2021 21:50 becca3539

Automatic stabilizers A. cause changes in the economy without the action of Congress and the President. B. require new legislation to be implemented. C. are a component of discretionary fiscal policy. D. include the progressive income tax but not unemployment compensation. The purpose of automatic stabilizers is to A. act as a safety measure preventing the government from using fiscal policy. B. lessen the impact of unemployment in a recession and slowdown inflation during an expansion. C. stabilize tax revenue and government expenditures. D. make sure people have a living wage.

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Automatic stabilizers A. cause changes in the economy without the action of Congress and the Preside...

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