Answered: The various kinds of automatic…

The various kinds of automatic stabilizers are: Group of answer choices Expansionary Monetary Policy All of them Taxes and Transfer payments Increased Defense spending

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 13P

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Question

The various kinds of automatic stabilizers are:

Group of answer choices

Expansionary Monetary Policy

All of them

Taxes and Transfer payments

Increased Defense spending

Definition Definition Policy implemented by the central bank of a country (such as the Federal Reserve in the United States) to achieve certain macroeconomic objectives. Monetary policy is a supply-side macroeconomic policy that supervises the growth rate and money supply in the economy.

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