Which Is NOT an Automatic Stabilizer

question 9

Multiple Choice

Which is NOT an automatic stabilizer?

• A) greater access to credit
• B) defense spending
• C) progressive tax system
• D) welfare programs

Understand the concept of reciprocal determinism and its role in development.

Identify and describe the components of Bronfenbrenner's bioecological theory.

Recognize the principles of operant conditioning and reinforcement in behavioral development.

Comprehend critics' perspectives on major developmental theories including Vygotsky's, Piaget's, and information processing theories.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership interest of the shareholders.

Sales

The total amount of goods or services sold by a company within a specific period, generating revenue.

Traceable Fixed Expenses

Fixed costs that can be directly linked to a specific business segment, department, or product and would disappear if the segment was eliminated.

Variable Expenses

Costs that change in proportion to business activity or production volume, such as materials costs, direct labor, and utilities for machinery.