The economic impact of automatic stabilizers during recessionary periods is to

A. increase taxes.
B. have no impact on the recession.
C. moderate the recession.
D. make the recession worse.

Answer: C

Economics

You might also like to view...

A reduction in nominal wages will cause which of the following?

A) a leftward shift in the short-run aggregate supply curve to shift to the left B) a movement along the short-run aggregate supply curve C) a shift of both the short-run and long-run aggregate supply curves D) a rightward shift in the short-run aggregate supply curve

Economics

________ would likely oppose policies that allowed foreign workers to immigrate more freely

A) Domestic labor B) Domestic capital C) Both domestic labor and capital D) Neither domestic labor nor capital

Economics