Built-In Stability Means That

question 101

Multiple Choice

Built-in stability means that:

• A)an annually balanced budget will automatically offset the pro-cyclical tendencies created by state and local finance and thereby stabilizes the economy.
• B)with given tax rates and expenditures policies a rise in domestic income will reduce a budget deficit or produce a budget surplus while a decline will result in a deficit or a lower budget surplus.
• C)Parliament will automatically change the tax structure and expenditure programs to correct upswings and downswings in business activity.
• D)government expenditures and tax receipts automatically balance over the business cycle, though they may be out of balance in any single year.

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Definitions:

Organizational Citizens

Employees who go beyond their required job duties by performing behaviors that contribute to the organization's social and psychological environment.

Engaged People

Individuals who are fully involved in and enthusiastic about their work, showing a positive attitude toward their organization and its values.

Job Demands

The job-related factors, whether they are physical, mental, social, or organizational, that necessitate continuous physical or mental commitment.

Probability Of Death

The statistical likelihood of an individual dying within a specified timeframe, often used in actuarial science and health studies.