An Advantage of Automatic Stabilizers Over Discretionary Fiscal Policy Is

question 204

Multiple Choice

An advantage of automatic stabilizers over discretionary fiscal policy is that

• A)automatic stabilizers are not subject to the same time lags as discretionary fiscal policy.
• B)automatic stabilizers can be easily fine-tuned to move the economy to full employment.
• C)only the President is involved in implementing automatic stabilizers, instead of both the President and Congress.
• D)the Ricardian equivalence theorem applies more readily to automatic stabilizers than to discretionary fiscal policy.

---

Definitions:

Pluripotency

The capability of a cell to develop into several different types of cells or tissues in the body.

Embryonic Stem Cells

Cells derived from the inner cell mass of an embryo, with the potential to develop into any type of cell in the body.

Differentiation

The process by which cells or tissues undergo a change towards a more specialized form or function, often in context of development.

Adipose Tissue

Connective tissue specializing in fat storage.