Provisions in the Law That Imply Automatic Increases in Government

question 39

Multiple Choice

Provisions in the law that imply automatic increases in government spending or decreases in taxes when real output declines are called:

• A) autonomous stabilizers.
• B) automatic stabilizers.
• C) the marginal propensity to consume.
• D) the income-expenditure multiplier.

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Definitions:

Mystical Powers

Supernatural abilities or phenomena that are beyond the ordinary laws of nature and science, often attributed to magic, spiritual, or other inexplicable forces.

Vital Air

Historically, a term referring to the component of air believed to be crucial for life, often associated with oxygen.

Positive Force

An influence or factor that contributes to a beneficial outcome or fosters positive change.

Bewitchment

Refers to the act or power of causing someone to become enchanted or spellbound, often seen in folklore and witchcraft contexts.