All of the following are automatic stabilizers EXCEPT
A) the federal income tax system.
B) welfare payments.
C) discretionary tax cuts.
D) unemployment compensation.
C
Economics
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An increase in the marginal propensity to save (MPS)
A) increases autonomous consumption. B) increases the value of the multiplier. C) increases the marginal propensity to consume (MPC). D) none of the above.
Economics
How could return-chasing explain why many of Enron's employees lost most of their retirement savings when Enron went bankrupt?
What will be an ideal response?
Economics