Automatic Stabilizers _____

question 200

Multiple Choice

Automatic stabilizers _____

• A) deliberately manipulate government purchases, transfer payments, and taxes to promote macroeconomic goals.
• B) are revenue and spending programs in the federal budget that automatically adjust with the ups and downs of the economy.
• C) are a method of emergency manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals.
• D) are revenue and spending programs in the federal budget that never adjust with the ups and downs of the economy.
• E) are monetary policy changes.

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Definitions:

Original Data

The initial dataset collected or received before any processing, manipulation, or analysis has been done.

Independent Events

Events whose occurrence or outcome is not influenced by the occurrence or outcome of another event.

P(A and B)

The probability that both events A and B occur.

P(A)

The probability of event A occurring, an elementary concept in probability and statistics.