Automatic Stabilizers

question 61

Multiple Choice

Automatic stabilizers

• A)Are included in discretionary fiscal spending.
• B)Cause spending to decrease during a recession.
• C)Help to moderate the extremes of the business cycle.
• D)Are zero at full employment.

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Definitions:

Attractiveness Levels

The perceived physical appeal of an individual, which can influence social interaction and mate selection.

Average Looking

Describes an appearance considered to be in the middle of the spectrum regarding societal beauty standards; not particularly outstanding in attractiveness.

Fundamental Attribution Error

The tendency to overestimate the effect of personality or disposition and underestimate the influence of situational factors when explaining the behaviors of others.

Actor-Observer Bias

The tendency to attribute one's own actions to external causes, while attributing others' actions to their internal characteristics or dispositions.