One Characteristic of Automatic Fiscal Policy Is That It

question 219

Multiple Choice

One characteristic of automatic fiscal policy is that it

• A) requires no legislative action by Congress to be made effective.
• B) automatically produces surpluses during recessions and deficits during inflation.
• C) has no effect on unemployment.
• D) reduces the size of the federal government debt during times of recession.

Distinguish between valid and defective acceptances.

Recognize the differences and importance of intent and terms in contract formation.

Analyze the specifics of offer, acceptance, and agreement in a variety of contract contexts.

Understand the legal impact of silence, misinterpretation, and law changes on contracts.

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Definitions:

Strepsirhines

The subdivision within the primate order based on shared genetic characteristics; includes lemurs and lorises.

Apes

A group of primates that includes gibbons, orangutans, gorillas, chimpanzees, and humans, characterized by their lack of tails and more advanced cognitive abilities compared to other primates.

Bonobos

A species of great ape known for its matriarchal society and peaceful, cooperative behaviors, closely related to chimpanzees.

Sexual Behavior

Activities related to physical intimacy and reproduction among humans and animals.