Automatic Stabilizers Are

question 35

Multiple Choice

Automatic stabilizers are

• A) aspects of the tax code that stabilize tax revenue over the course of a business cycle.
• B) laws passed by Congress that stabilize interest rates.
• C) policies intended to stabilize the price level.
• D) components of the federal budget that counter the effects of the business cycle without explicit intervention by the president or Congress.

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Definitions:

Soft Skill

Personal attributes that enable individuals to interact effectively and harmoniously with other people.

Medical Records

Documented information pertaining to a patient's medical history, treatments, and health conditions, maintained for the purpose of guiding future care.

Dependable

Capable of being trusted or relied upon; showing reliability, consistency, and steadfastness in various circumstances.

Professional Behavior

Conduct or actions that are deemed appropriate and ethical in a professional setting.