Automatic Stabilisers Include

question 38

Multiple Choice

Automatic stabilisers include

• A) changes in the cash rate brought about by the Reserve Bank.
• B) changes in discretionary spending.
• C) increases or decreases in tax rates.
• D) changes in induced taxes.
• E) changes in induced taxes and changes in discretionary spending.

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Definitions:

Communicating

The process of conveying information, thoughts, or feelings through speech, signals, writing, or behavior to achieve mutual understanding.

Cultural Experiences

The exposure to and participation in the customs, traditions, and expressions of a particular society, community, or ethnic group.

Heritability

A measure of how much genetic factors contribute to the differences in a trait among individuals within a population.

Heuristic

A problem-solving approach using practical methods or shortcuts to generate satisfactory, though not always optimal, solutions.