Automatic stabilizers are, therefore, inseparable from cyclical budget imbalances
What will be an ideal response?
Economists often say that the portion of the deficit (surplus) that is the result of automatic stabilizers is the cyclical deficit (or surplus). It is, in effect, the part of the budget balance that is sensitive to fluctuations in the macroeconomy
Economics
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Refer to Figure 4-3. What area represents consumer surplus at the equilibrium price of P1?
A) A + B + C + D + E B) A + B + C C) D + E D) A
Economics
Compare the relative effectiveness of the balsakhi program to the Computer-Assisted Learning (CAL) program in India
What will be an ideal response?
Economics