The Primary Benefit of Automatic Stabilizers Is That

question 68

Multiple Choice

The primary benefit of automatic stabilizers is that:

• A)they provide public assistance through legislative decision making.
• B)there is no legislative lag before these tools respond to fluctuations in the business cycle
• C)they take time to come into effect and there is time to identify the spillover effects
• D)they help control hyperinflation in an economy.
• E)they help prevent deflation in an economy.

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Definitions:

WAN

Stands for Wide Area Network, a telecommunications network that extends over a large geographic area for the primary purpose of computer networking.

LAN

Local Area Network; a computer network that interconnects computers within a limited area such as a residence, school, or office building.

Universal Service

A principle that aims to provide all citizens access to essential telecommunications services at an affordable price.

Coaxial

A type of cable that is used for transmitting television signals, internet connectivity, and other data.