Automatic Stabilizers

question 73

Multiple Choice

Automatic stabilizers

• A)increase the problems that lags cause in using fiscal policy as a stabilization tool.
• B)are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
• C)are changes in taxes or government spending that policy makers quickly agree to when the economy goes into recession.
• D)All of the above are correct.

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Definitions:

Potassium Wasting

A condition where the body excretes an excessive amount of potassium, leading to low levels of potassium in the blood.

Gastroenteritis

An inflammation of the stomach and intestines, usually resulting from bacterial toxins or viral infection and causing vomiting and diarrhea.

Arterial Blood Gas

A test measuring the levels of oxygen, carbon dioxide, and bicarbonate, as well as the pH of arterial blood, used to assess lung function and oxygenation status.

Urine Output

The amount of urine produced by the kidneys and excreted by the body, an important measure in assessing kidney and overall fluid balance status in patients.