Programs That Automatically Increase Government Spending (Relative to Revenue) During

question 54

Multiple Choice

Programs that automatically increase government spending (relative to revenue) during a recession and automatically decrease government spending (relative to revenue) during an economic boom are called:

• A) discretionary fiscal policy.
• B) supply-side programs.
• C) automatic stabilizers.
• D) tax credits.

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Definitions:

Locus Of Control

A psychological concept referring to the extent to which individuals believe they have control over events affecting their lives.

Machiavellianism

A personality trait characterized by a cynical disregard for morality and a focus on self-interest and personal gain, often at the expense of others.

Emotionally Detached

A state of being disengaged or disconnected from emotional experiences, sometimes as a protective or coping mechanism.

High-Mach Personality

A trait characterized by manipulation and exploitation of others, a cynical view of human nature, and a focus on personal gain often without regard for ethical considerations.