How much is autonomous consumption when disposable income is $800 billion?
A. 0
B. $200 billion
C. $400 billion
D. $600 billion
B. $200 billion
Economics
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Because of automatic stabilizers, in recessions the government budget deficit ________, while in expansions the deficit ________
A) falls; rises B) falls; falls C) rises; falls D) rises; rises
Economics
Government assistance to the poor in the United States
A. has eliminated poverty in the nation. B. is available to all persons whose income is below the poverty income threshold. C. is available in most cases only to the poor who are elderly, disabled, or families with children. D. is always in the form of cash.
Economics