Automatic Stabilizers

question 73

Multiple Choice

Automatic stabilizers

• A)increase the problems that lags cause in using fiscal policy as a stabilization tool.
• B)are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
• C)are changes in taxes or government spending that policy makers quickly agree to when the economy goes into recession.
• D)All of the above are correct.

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Definitions:

Controlling Quality

The process of ensuring that products and services meet customer expectations and comply with standards.

Failing to Control

A situation where an entity does not properly manage or regulate operations or processes.

Lean Manufacturing

A systematic method for waste minimization within a manufacturing setup without sacrificing productivity, focusing on enhancing value for the customer.

Financial Accounting Information

refers to data pertaining to the financial status and performance of an organization, including its income, expenses, assets, and liabilities.