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:

Social Support Systems

Networks of people who provide an individual with practical or emotional support, particularly in times of stress.

Team Building Sessions

Activities or meetings designed to enhance cooperation and cohesion among team members by improving communication, trust, and collaboration.

Transformational Coping

involves using stress and challenges as opportunities for growth, personal development, and transformation.

Hardy Personality

A set of characteristics that enable an individual to withstand stress and adversity more effectively than others.