Which of these are examples of automatic stabilizers? A. sales tax revenues and income security B. sales tax rates and income security C. sales tax rates and transfer payments D. income tax revenues and transfer payments
Which of these are examples of automatic stabilizers? A. sales tax revenues and income security B. sales tax rates and income security C. sales tax rates and transfer payments D. income tax revenues and transfer payments
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 13P
Related questions
Question
Which of these are examples of automatic stabilizers?
A. sales tax revenues and income security
B. sales tax rates and income security
C. sales tax rates and transfer payments
D. income tax revenues and transfer payments
Option C is WRONG, hoping to get the correct answer with an explanation.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning