One Advantage of Automatic Stabilizers Over Discretionary Fiscal Policy Is

question 64

Multiple Choice

One advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers:

• A) do not have a long time lag problem.
• B) do not affect the government budget balance.
• C) have a much stronger impact on economic growth rates.
• D) affect both employment and inflation rates rather than just inflation.

Understand the basic concepts of indifference curves and how they represent consumer preferences.

Interpret the effects of income and substitution on consumer choice and demand.

Analyze how changes in prices affect consumer's optimal consumption bundles.

Define and calculate the marginal rate of substitution.

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Definitions:

Government-To-Citizen Communications

The exchange of information and services between governmental bodies and the individuals they serve, utilizing various channels.

CCPHA Campaign

An initiative or series of actions conducted by the California Center for Public Health Advocacy aimed at promoting public health awareness and policy change.

Soda Tax

Government-imposed tax on sugary beverages to combat obesity and health issues while generating revenue.

Sugary Drinks

Beverages containing added sugars such as sodas, sports drinks, and fruit-flavored drinks, often linked to health issues like obesity and diabetes.