The Federal Budget Deficit Acts as an Automatic Stabilizer Because

question 265

Multiple Choice

The federal budget deficit acts as an automatic stabilizer because

• A)government tax revenues decrease during a recession.
• B)unemployment insurance payments decrease during a recession.
• C)food stamp payments increase during expansionary periods.
• D)Medicaid payments increase during expansionary periods.

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Definitions:

Ethical Responsibility

A principle that obligates individuals and organizations to follow moral codes and conduct within their professional and personal actions.

Mezzo Levels

A term used in social work and related fields to refer to interventions and practices targeted at small-to-medium-sized groups, such as neighborhoods or communities.

Macro Levels

Macro levels refer to the large-scale structures and processes in society, including cultural norms, economic systems, and political organizations, affecting groups and entire societies.

Resiliency

Resiliency is the capacity to recover quickly from difficulties; it's the mental or emotional strength to cope with crisis and bounce back from adversity.