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:

Holland's

A theory that classifies people and work environments into six types (Realistic, Investigative, Artistic, Social, Enterprising, and Conventional) to help individuals find compatible careers.

Later Life Stages

Refers to the period of life typically associated with old age and retirement, focusing on the psychological, social, and health-related aspects of aging.

Childhood

The period in a human's life from birth to adolescence, characterized by growth, development, and learning in a variety of physical, emotional, and social domains.

Compartmentalize

Refers to dividing or categorizing things into clearly defined sections or compartments, often to manage tasks or emotions more effectively.