Automatic Stabilizers Try to Solve the Problem of

question 148

Multiple Choice

Automatic stabilizers try to solve the problem of

• A) the multiplier effect.
• B) recognition lags and implementation lags.
• C) crowding-out.
• D) impact lags.
• E) saving ,shifts.

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Definitions:

Empiricism

The idea that everything a person knows comes from experience.

Naturalism

A philosophical viewpoint that everything arises from natural properties and causes, and supernatural explanations are excluded or discounted.

Individualism Versus Collectivism

A cultural dimension that describes the degree to which a society emphasizes individual achievement and autonomy (individualism) or prioritizes the group and community over the individual (collectivism).

Personal Freedoms

The rights and liberties that allow individuals to express themselves, make personal choices, and live their lives without undue interference from others or the government.