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:

Bonds

Connections or ties that hold people together, such as family bonds, or financial instruments issued by corporations or governments.

Optimum

The most favorable conditions or level for growth, development, or efficiency.

Stress

A psychological and physical response to demands or challenges which can arise from various environmental or internal factors.

Strength-Based Perspective

An approach in various professional fields that focuses on an individual's strengths and resources to overcome challenges and achieve goals.