Which of the Following Statements Is Not True of Automatic

question 94

Multiple Choice

Which of the following statements is not true of automatic stabilizers?

• A)The most important automatic stabilizer is the tax system.
• B)They act as shock absorbers in an economy
• C)They require legislative action.
• D)They change as business cycles conditions change
• E)Payroll taxes are automatic stabilizers.

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Definitions:

African American Populations

Demographic groups within the United States characterized by their historical, cultural, and social distinctiveness of African heritage.

Keep What You've Earned

A phrase often used in financial or motivational contexts to emphasize the importance of saving, investing wisely, or retaining personal achievements.

Decrease Consumption

The action of reducing the amount of goods and services used or consumed, often related to efforts to promote sustainability and minimize environmental impact.

Never Drink And Drive

A public safety message promoting the importance of not operating a vehicle after consuming alcohol.