Automatic Stabilizers Are Government Programs That Tend to Push the Federal

question 84

True/False

Automatic stabilizers are government programs that tend to push the federal budget toward surplus as the real GDP rises and toward deficit as the real GDP falls.

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Definitions:

Total Sales

The collective amount of revenue generated from goods or services sold by a company within a specific period.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.

Millions of \$

A numerical measure or quantity denoted in units of a million dollars, often used in financial contexts.

Retailers

Businesses that sell goods directly to consumers, often sourcing products from wholesalers or manufacturers.