Automatic Stabilisers Are

question 96

Multiple Choice

Automatic stabilisers are:

• A) state expenditures and revenues.
• B) similar to discretionary fiscal policy.
• C) federal expenditures and tax revenue that changes over the course of the business cycle.
• D) mechanisms allowed to accelerate the boom and amplify the recession.

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Definitions:

Micromanagement

A management style where a manager closely observes or controls the work of subordinates or employees, often excessively.

Participative Management

A managerial approach in which employees at all levels are encouraged to contribute ideas and participate in decisions affecting their work and the organization.

Competent and Intelligent

Being capable and skilled in performing a task or role effectively, combined with the ability to learn, understand, and apply knowledge.

Consultative Leader

A person in charge who confers with group members before making a decision, but who retains the final authority to make decisions.