Examlex
Katie is working on a document written in German.She wants to check the document for spelling errors.Before running spell check,she should do which of the following?
Automatic Stabilizers
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government intervention.
Recession
A noticeable drop in economic activity that affects the entire economy, enduring beyond several months, usually evidenced in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Transfer Payments
Payments made by the government to individuals, without the government receiving any goods or services in return.
Nondiscretionary Fiscal Policy
involves government policies, like taxation and certain types of government spending, that are not easily altered and automatically adjust to economic conditions.
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