Automatic stabilizers are
A) provisions that cause changes in government spending and taxes without new action by Congress or the President.
B) policies set by certain committees in Congress.
C) tools used by the President's Council of Economic Advisers.
D) provisions that cause the aggregate supply curve to be upward sloping.
Answer: A) provisions that cause changes in government spending and taxes without new action by Congress or the President.
Economics
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The government's chief forecasting gauge for business cycles is the chained real GDP indicators
a. True b. False Indicate whether the statement is true or false
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