During an Economic Expansion, Automatic Stabilizers

question 12

Multiple Choice

During an economic expansion, automatic stabilizers:

• A)reduce both budget surpluses and deficits.
• B)reduce a budget surplus or increase a deficit.
• C)reduce a budget deficit or increase a surplus.
• D)increase both budget surpluses and deficits.

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Definitions:

Fraudulent Misrepresentation

A false statement made knowingly, without belief in its truth, or recklessly, to induce another party into a contract.

Privacy Torts

Legal actions for violations involving unauthorized intrusions or interference with one's personal privacy.

Conversion

The unauthorized act of taking someone else's property and converting it to one's own use, in violation of the rightful owner's rights.

Trespass to Property

A legal term referring to the unauthorized entry onto another person's land or property without permission or legal right.