Automatic Stabilizers Combine Changes in Discretionary Fiscal Policy with Changes

question 46

True/False

Automatic stabilizers combine changes in discretionary fiscal policy with changes in government spending and taxes influenced by the business cycle in order to stabilize the economy.

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Definitions:

Clean Economy

An economy that produces goods and services with environmental benefit.

Chief Sustainability Officer

A corporate executive responsible for integrating and managing an organization’s sustainable practices, ensuring environmental, social, and economic viability.

Energy-efficiency

The goal or method of reducing the amount of energy required to provide products and services.

Ecologically Sustainable

Practices and processes that preserve environmental resources for future generations while meeting current needs.