Government Programs That Automatically Shift the Government Budget Toward a Deficit

question 77

Multiple Choice

Government programs that automatically shift the government budget toward a deficit during recessions and a surplus during recoveries are called

• A) discretionary fiscal policy.
• B) automatic stabilizers.
• C) progressive taxation.
• D) price deflators.

Analyze global trends in obesity and recognize it as a growing health concern.

Understand the effect of sleep on appetite and eating behavior.

Grasp the concepts of motivation and how they relate to eating behavior.

Recognize the importance of intrinsic motivation and how it differs from extrinsic motivation.

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Definitions:

Pretax Financial Income

The income of a company before taxes are deducted, often used in financial reporting and analysis.

Interperiod Tax Allocation

A method used in accounting to allocate income taxes over different periods to match taxes with the revenues they affect.

Future Enacted Tax Rates

Tax rates that have been passed into law but will go into effect at a future date, relevant for financial planning and reporting.

Asset/Liability Method

A method used in accounting to adjust the books for tax purposes, balancing the future tax benefits of assets against the future tax obligations of liabilities.