Taxes and Government Expenditures That, Without Need for Additional Government

question 29

Multiple Choice

Taxes and government expenditures that, without need for additional government action, change in response to changes in the level of economic activity are called

• A) cyclically balanced budgets.
• B) built- in monetary stabilizers.
• C) automatic stabilizers.
• D) discretionary fiscal variables.

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Definitions:

Stresses

Physical or psychological strains and pressures that can result from various challenges or demands.

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to focus efforts towards achieving them.

Career Management System

A structured approach to planning, managing, and developing an individual's career path and growth within or across organizations.

Sabbatical

A period of paid or unpaid leave granted to a university teacher or other worker for study or travel, traditionally every seventh year.