An Automatic Stabiliser Is

question 6

Multiple Choice

An automatic stabiliser is:

• A) a fiscal policy that aims to smooth out the business cycle
• B) a monetary policy that aims to smooth out the business cycle
• C) a tax or form of government expenditure that has the effect of reducing the size of the multiplier
• D) the tendency for inflation to fall as unemployment rises

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Definitions:

Worldwide Culture

The global diffusion and mixing of cultures through processes like globalization, resulting in shared behaviors, values, and norms across societies.

Ethnic Resurgence

A process in which ethnic or cultural groups seek to promote their identity, traditions, and rights in response to historical suppression or neglect.

Globalization

The process by which businesses, technologies, and cultures begin operating on a global scale, leading to increased connectivity and exchange between people worldwide.

Anthropology

Anthropology is the scientific study of humanity, including human behavior, cultures, societies, and biological aspects, aiming to understand the full sweep and complexity of human nature across time and space.