Which of the following is an example of an automaticstabilizer? When the economy goes into a recession,a. more people become eligible for unemploymentinsurance benefits.b. stock prices decline, particularly for firms incyclical industries.c. Congress begins hearings about a possiblestimulus package.d. the Fed changes its target for the federal funds rate.

Which of the following is an example of an automaticstabilizer? When the economy goes into a recession,a. more people become eligible for unemploymentinsurance benefits.b. stock prices decline, particularly for firms incyclical industries.c. Congress begins hearings about a possiblestimulus package.d. the Fed changes its target for the federal funds rate.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand

Section: Chapter Questions

Problem 6CQQ

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