Automatic Stabilizers Are Defined as

question 127

Multiple Choice

Automatic stabilizers are defined as

• A)actions taken by an act of Congress to stabilize the economy.
• B)policy that has no multiplier effects.
• C)actions taken by the President without Congressional consent to stabilize the economy.
• D)policy that stabilizes without the need for action by the government.
• E)discretionary policy taken to stabilize the economy.

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Definitions:

Monthly Payments

Payments made every month towards the balance of a loan, mortgage, or other long-term financial obligation.

Principal Balance

The original amount of money lent or invested, before any interest or profit is added to it or any payments are made.

Amortized

Definition: The process of spreading out a loan into a series of fixed payments over time.

Equal Payments

Regular payments of the same amount over a specified period, commonly used in loan repayment schedules.