A Major Advantage of the Built-In or Automatic Stabilizers Is

question 198

Multiple Choice

A major advantage of the built-in or automatic stabilizers is that they

• A)simultaneously stabilize the economy and reduce the absolute size of the public debt.
• B)automatically produce surpluses during recessions and deficits during inflations.
• C)require no legislative action by Congress to be made effective.
• D)guarantee that the federal budget will be balanced over the course of the business cycle.

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Definitions:

Concrete Thinking

A style of thinking that relies on the physical, tangible reality and does not easily grasp abstract concepts.

Scaffolding

An educational approach involving more knowledgeable others providing temporary supports to help a learner achieve higher levels of understanding.

Zone of Proximal Development

A concept in developmental psychology introduced by Lev Vygotsky, describing the difference between what a learner can do without help and what they can achieve with guidance and encouragement.

Reinforcements

In behavioral psychology, stimuli used to increase the likelihood of a repeated behavior by applying rewarding or punishing consequences.