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:

Cause In Fact

The actual cause or reason an event occurred, which can be determined by the "but-for" test in legal cases.

Product Liability

The legal field that holds manufacturers, distributors, suppliers, and retailers accountable for injuries caused by their products.

Legal Liability

The legal responsibility to compensate for harm or wrongdoing established under civil law, subjecting individuals or entities to legal consequences.

Manufacturers

Entities engaged in the production of goods from raw materials through the use of machines and labor.