Automatic Stabilizers in the Economy
Which of the following represents an automatic stabilizer in the economy?
A
Emergency spending programs initiated after a financial crisis.
B
Discretionary fiscal stimulus enacted through new legislation during recessions.
C
Temporary tax cuts passed by Congress in response to falling GDP.
D
Progressive income taxes that automatically reduce disposable income during economic booms.
Question Leaderboard
Not enough data yet to show leaderboard.
APFIVE