All of the Following Are Automatic Stabilizers EXCEPT

question 142

Multiple Choice

All of the following are automatic stabilizers EXCEPT

• A) discretionary increases in government spending.
• B) income transfer payments.
• C) progressive income tax system.
• D) unemployment compensation.

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Definitions:

Poisson Experiment

A Poisson experiment is a statistical experiment that classifies the experiment into a fixed number of trials, where each trial represents a specific time interval or region of space, and counts the number of times a particular event occurs.

Random Variable

represents a set of possible outcomes of a random phenomenon, quantitatively.

Random Variable

A variable whose values depend on outcomes of a random phenomenon.

Uncountable Values

Refers to values or elements within a set that cannot be enumerated by natural numbers due to their infinite or continuous nature.