Automatic stabilizers are increases in spending and reductions in taxes that_ Are enacted by the President when the economy enters in a recession O Are enacted by Congress when the economy enters in a recession Are the result of existing tax and revenue spending rules Are required by the Department of Treasury as needed
Automatic stabilizers are increases in spending and reductions in taxes that_ Are enacted by the President when the economy enters in a recession O Are enacted by Congress when the economy enters in a recession Are the result of existing tax and revenue spending rules Are required by the Department of Treasury as needed
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 11SQ
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Transcribed Image Text:Automatic stabilizers are increases in spending and reductions in taxes that.
Are enacted by the President when the economy enters in a recession
Are enacted by Congress when the economy enters in a recession
Are the result of existing tax and revenue spending rules
Are required by the Department of Treasury as needed
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