Examples of automatic stabilizers include which of the following? SNAP payments ("food stamps"). All of the other answers are correct. Unemployment benefits. O Personal income taxes.

Q: The $1200 and $600 stimulus checks that many Americans received over the last year is an example of…

A: Meaning of Economic Growth: The term economic growth refers to the growth towards the internal…

Q: Analyze fiscal policy in order the generate macroeconomic stability.

A: The policy that depicts making use of a collection of revenue by government and expenditure in order…

Q: Which of the following illustrates the effectiveness lag? A.Policymakers implement contractionary…

A: Effectiveness lag can be understood as when the policy is implemented or any change in policy is…

Q: Categorize the scenarios as either a discretionary act or the result of automatic stabilizers. a. A…

A: A discretionary expenditure is a cost that a firm or family may live without if it is absolutely…

Q: All of the following are automatic fiscal stabilizers EXCEPT O a congressionally mandated decrease…

A: An automatic stabilizer is a policy in effect at all the time in an economy and works inverse of the…

Q: Which part of the AS curve fiscal policy works better and why?

A: Aggregate supply refers to the total value of goods and services available for purchase at a…

Q: TRUE/FALSE Spending by local governments to stimulate or slow down their local economies is an…

A: The Fiscal Policy (FP) is a tool of government to adjust the economy. The Monetary Policy is a tool…

Q: Define and give three examples of automatic stabilizers

A: Automatic stabilizers are the ones that get automatically adjusted without government interference…

Q: Which of the following is an example of an automatic stabilizer? Congress legislates lower tax rates…

A: Automatic stabilizer are such policy tools that automatically adjust as per the need and situation…

Q: Which of the following is NOT an automatic stabilizer?     income taxes   transfers for welfare…

A: As the name suggests itself Automatic stabilizers can be defined as the tool of fiscal policy which…

Q: True/False  Unemployment benefits are an example of fiscal policy.

A: An unemployment benefit refers to a benefit provided to an unemployed person by the state in terms…

Q: What is the main advantage of automatic stabilizers over discretionary fiscal policy?

A: Fiscal policy(FP) tools can be implemented in two types that are automatic stabilizers and…

Q: Which of the following is an example of contractionary fiscal policy? A. Cutting spending B.…

A: Fiscal policies are managed/controlled by the government of the country whereas monetary policies…

Q: Which of the following are examples of automatic stabilizers? There are multiple answers     a) A…

A: Automatic stabilizers are a kind of economic policy designed to offset fluctuations in an…

Q: f an increase in government spending is accompanied by a reduction in spending by firms and…

A: The GDP or the gross domestic product is defined as the value of all final goods and services newly…

Q: "Even if there is full information and that wages and prices are fully flexible as what the…

A: Expansionary fiscal approach incorporates tax breaks, move installments, refunds and expanded…

Q: Automatic stabilizers   a)increase consumption during a recession above what it would otherwise be…

A: Automatic stabilizers work to maintain the equilibrium in the economy.  Too much of inflation or…

Q: Which of the following is not an automatic stabilizer. Pick a,b,c, or d A) Sales tax B)State…

A: Automatic stabilizer brings the economy back to full employment.

Q: Which statement below is true of ONLY fiscal policy? Uses government expenditures to create demand…

A: The aggregate demand refers to the total amount of all the goods, and services which are demanded in…

Q: Which statement below is NOT true regarding government intervention in the economy? Progressive…

A: Role of government in the economy has been important since the Keynesian revolution of 1930s, which…

Q: Given a government budget, a recession increases the federal deficit due to autmatic stabilizers All…

A: A recession is a period of falling real GDP.

Q: Supply-side fiscal policies focus on improving the incentives to work, save, and invest.   Group of…

A: In the market, when the government wants to implement fiscal policy, it can either impose…

Q: If there is a recessionary gap of $950 billion and the MCP has decreased to 0.8 than what size…

A: The marginal propensity to consume measures the degree to which a consumer will spend or save in…

Q: An example of an automatic stabilizer is: A) tax receipts rising when GDP rises. B) a discretionary…

A: Automatic Stabilizers are the characteristics of transfer and tax system which stimulates the…

Q: Suppose the government implements contractionary fiscal policy. As a result, the inflation rate will…

A: Actions by the government to either expand or tighten the economy, are under the “fiscal policy”,…

Q: Which of the following is an example of an automatic stabilizer? Discretionary spending A new tax…

A: Automatic stabilisers are a sort of fiscal policy that works automatically to smooth out…

Q: Which of the following is an example of an automatic stabilizer? tax rates the MPC the amount of…

A: Which of the following is an example of an automatic stabilizer? The answer is - tax rate

Q: Which of the following is a reason for using expansionary fiscal policy during a recession? a)…

A: A recession is a period of economic slowdown. It is defined as a significant decline in economic…

Q: Multiple choice questions. Color only one correct answer 4- Each country that joins the EU: a- Can…

A: European Union provides a lot of access and advantages to its member countries.

Q: Automatic stabilizers     (a) Are government policies or programs that stabilize the economy…

A: Fiscal policy refers to policy of expenditure and taxes of government. Government makes changes in…

Q: Which of the following is not an automatic​ stabilizer?     A. Unemployment compensation.   B.…

A: Answer: Correct option: (B) Defense spending. Explanation: Automatic stabilizers are the components…

Q: Why is getting the magnitude, or dollar size, of the policy change just right the most difficult…

A: Discretionary fiscal policy is a government policy used for raising the aggregate demand/ spending…

Q: Which of the following is an expansionary fiscal policy? increase in taxes only both increase in…

A: Fiscal policy is the term used to describe how the government uses spending and taxation to affect…

Q: Which of the following is an example of active fiscal policy? a.Government expenditures rise during…

A: Fiscal policy refers to deviations in government spending and taxes, which are proposed to achieve…

Q: Suppose the economy is in a recession. In this case automatic stabilizers will

A: Automatic Stabilizers are defined as government policies which automatically adjust the tax rates…

Q: Automatic stabilizers    are included in discretionary fiscal spending. cause spending to decrease…

A: In an economy, automatic stabilizers refers to the government actions or its policies that foes not…

Q: discretionary

A: In an economy, government imposes taxes on the citizens to make different types of economic…

Q: which of the following individuals would most likely favor an increase in government spending, as…

A: a and d would be opposed to tax cut.