Automatic Stabilizers

What will be an ideal response?

Deficits and surpluses are not just a result of active fiscal policy. A significant portion of the variations in government spending and tax revenues occurs "automatically," due to mechanisms built into the economic system to help stabilize it

Economics

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________ natural resources are natural resources that can be used repeatedly, and ________ natural resources are natural resources that can be used only once

A) Nonrenewable; renewable B) Renewable; hydrocarbon C) Renewable; nonrenewable D) Non-fossil; fossil

Economics

Unions whose membership includes all workers in a particular product market, whether skilled or unskilled, are known as

a. craft unions b. exclusive unions c. national unions d. regional unions e. industrial unions

Economics