Automatic Fiscal Stabilizers Are Most Helpful in

question 117

Multiple Choice

Automatic fiscal stabilizers are most helpful in

• A)making discretionary fiscal policy effective.
• B)removing persistent output gaps.
• C)promoting economic growth.
• D)eliminating price fluctuations in the economy.
• E)reducing the intensity of business cycles.

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Definitions:

Cashier's Check

A check issued by a bank, drawing on its own funds rather than on the account of a private individual, offering a secure means of payment.

Checking Account

A bank account that allows the holder to withdraw funds using checks or a debit card, typically used for daily transactions.

Deposit

A sum of money placed into an account or given as a security for the future payment of a service.

Certified Check

A check validated by a bank where the bank guarantees the availability of the funds behind the check.