Automatic Stabilizers Result in _____ Fluctuations in Aggregate Demand for Given

question 20

Multiple Choice

Automatic stabilizers result in _____ fluctuations in aggregate demand for given changes in spending than would be the case for an economy in which automatic stabilizers did not exist.

• A)greater
• B)more severe
• C)smaller
• D)the same

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Definitions:

Experiential System

A cognitive process based on sensory experiences, intuition, and personal feelings, as opposed to analytical thinking.

Schema Accessibility

The ease with which a mental schema is activated in one's mind, influencing perception and behavior in specific situations.

Salience

The quality of being particularly noticeable or important; the state or condition of something that stands out or is prominently perceived.

Accessibility

The ease with which information, resources, or services can be reached or used by people.