An Example of an Automatic Stabilizer Is

question 7

Multiple Choice

An example of an automatic stabilizer is

• A)unemployment compensation.
• B)a newly enacted surtax to slow down an overheated economy.
• C)a horizontal aggregate supply curve.
• D)a change in the marginal tax rates.

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Definitions:

Chairman

A person designated to lead or preside over a committee, board, assembly, or other formal groups, responsible for guiding discussions and ensuring the orderly conduct of meetings.

Policeman

A member of a police force or department, tasked with enforcing the law, maintaining public order, and protecting people and property.

Second Shift

The phenomenon where individuals, often women, work a paid day job and then return home to perform the bulk of unpaid household and caregiving duties.

Arlie Hochschild

A distinguished sociologist known for her research on the emotional labor involved in various occupations and the impact of modern capitalism on personal and family life.