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Which of the following statements is (are) true? I. Automatic stabilizers require overt action by Congress or other policymakers to implement.
II) Discretionary increases in government spending are classified as automatic stabilizers.
III) When the economy is growing, tax receipts increase and transfer payments decrease, helping to automatically stabilize the economy by preventing it from growing too fast.
Closed-ended Questions
Questions structured to elicit a specific, typically brief answer, limiting the range of responses.
Summarization
The process of reducing a large volume of information into its main points, effectively communicating the essence of the content in a shorter format.
Sympathetic Responding
The act of showing empathy and compassion in response to another's emotional state or situation.
Quantitative Research
A research method focused on the collection and analysis of numerical data to understand patterns, relationships, or trends.
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