Military Spending Is a Good Example of an Automatic Stabilizer

question 76

True/False

Military spending is a good example of an automatic stabilizer.

---

Definitions:

Substantial Performance

A legal concept indicating that a party has fulfilled enough of its contractual obligations to warrant payment, despite minor deviations from the initially agreed terms.

Rendered Performance

The act of providing or completing a service as per the terms of an agreement or contract.

Complete Performance

refers to the fulfillment of all terms and conditions as outlined in a contract or agreement, without deviation or shortfall.

Substantial Performance

A legal principle where a party has completed enough of their contractual obligations to warrant payment, despite minor deviations from the specified performance.