The Effect of Automatic Stabilizers on the Business Cycle Is

question 136

Multiple Choice

The effect of automatic stabilizers on the business cycle is to:

• A)make upswings larger and downswings smaller.
• B)make upswings smaller and downswings larger.
• C)make both upswings and downswings smaller.
• D)eliminate fiscal drag.
• E)make both upswings and downswings larger.

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Definitions:

Same-Sex Marriage

The legal or social recognition of a marriage between two individuals of the same sex.

Obergefell V. Hodges

A landmark U.S. Supreme Court case in which the Court ruled that the fundamental right to marry is guaranteed to same-sex couples.

Legalization

The process of making something that was previously illegal, permissible by law.

Obscenity

That which is deemed offensive to “accepted” standards of decency or morality.