Which of the following WOULD NOT be considered an automatic stabilizer for the economy?

A. Welfare payments
B. Unemployment compensation
C. The progressive income tax
D. An income tax surcharge

D. An income tax surcharge

Economics

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The market demand curve for labor

A) is the same as the market demand curve for the product labor produces because it is a derived demand. B) is determined by adding up the quantity of labor demanded by each firm at each wage, holding constant the other variables that affect the willingness of firms to hire workers. C) is perfectly inelastic because there is a finite number of workers in the market for labor. D) is determined by adding up the demand for labor by each firm at each wage, holding constant the other variables that affect the willingness of firms to hire workers.

Economics

The global financial crisis showed the need for increased financial regulation, however, too much or poorly designed regulation could

A) choke off financial innovation. B) increase the efficiency of the financial system. C) increase economic growth. D) increase international financial integration.

Economics