The Advantage of Automatic Stabilizers Over Discretionary Fiscal Policy Is

question 65

Multiple Choice

The advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers

• A) have the full consent of the legislature.
• B) have been vetted and approved by the courts.
• C) do not require overt action by policymakers.
• D) take longer to take effect than fiscal policy.

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Definitions:

Neurotic Trend

Patterns of behavior or thought that are characteristic of neurosis, often manifesting as irrational fears, anxieties, or obsessive acts.

Moving Toward

In psychological terms, it refers to an adaptive strategy where an individual seeks to reduce anxiety and establish security through affiliating or aligning with others.

Basic Anxiety

A pervasive feeling of insecurity and inadequacy stemming from early childhood, as posited by Karen Horney.

Neurotic Trends

Patterns of thought or behavior that are characterized by anxiety and deemed not within the normal range of psychological functioning.