Which of the following might be considered an automatic fiscal stabilizer?
A) government spending for the war effort B) 401(k) retirement program
C) government budgeting for education D) unemployment compensation
D
Economics
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Taxes can have an important effect on
A) saving. B) economic growth. C) the labor supply. D) all of the above
Economics
In the diagram of the budget line BB, a rise in government expenditure shifts BB ________, so that an unchanged GDP the budget deficit ________
A) downward, rises B) downward, falls C) downward, remains unchanged D) upward, rises E) upward, falls
Economics