Which of the Following Would NOT Act as an Automatic

question 70

Multiple Choice

Which of the following would NOT act as an automatic stabilizer?

• A)unemployment insurance
• B)government purchases
• C)personal income taxes
• D)corporate income taxes

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Definitions:

Obligations

Duties or responsibilities imposed by law, contract, or moral duty, requiring individuals or organizations to act in a certain manner.

Sellers and Buyers

Parties engaged in the exchange of goods or services for payment in a marketplace.

Tender

An offer by a party in a contract to perform, along with being ready, willing, and able to perform, a duty outlined in that contract.

Conforming Goods

Goods that meet the specifications and quality standards outlined in a purchase contract.