Which of the Following Is an Automatic Stabilizer That Moves

question 141

Multiple Choice

Which of the following is an automatic stabilizer that moves the federal budget toward deficit during an economic contraction and toward surplus during an economic expansion?

• A)Personal income tax revenues.
• B)Corporate income tax revenues.
• C)Unemployment benefits.
• D)All of these.

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Definitions:

Royalties

Payments made to the owner of certain types of intellectual property, rights, or assets for the use of said property by others.

Trademarks

A legal designation of exclusive use of a brand or product name, protecting it from use by others.

Books

Physical or digital records that keep track of financial transactions and accounts for a person or organization.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.