An Example of an Automatic Stabilizer Is

question 57

Multiple Choice

An example of an automatic stabilizer is:

• A)increased unemployment rates cause the government to pay out more in unemployment insurance.
• B)increased tax revenues due to average incomes going up during a boom.
• C)reduced unemployment rates during a boom means more people working,and the government pays less out in food assistance.
• D)All of these are examples of automatic stabilizers.

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Definitions:

Key Account

A significant customer or client that contributes a substantial portion of a company's revenue, often receiving special attention and customized services.

Selling Process

A series of steps or stages followed by salespersons from prospecting to closing the sale, aimed at converting prospects into customers.

Additional Sales

Sales that occur in addition to the primary product or service being offered, often as a result of upselling or cross-selling strategies.

Follow-Up Step

An action taken after an initial meeting, call, or interaction to maintain contact and advance towards achieving the desired outcome.