Because of the Role of Automatic Stabilizers and Discretionary Fiscal

question 218

Multiple Choice

Because of the role of automatic stabilizers and discretionary fiscal policy, the historical record of the United States since 1970 shows that the budget tends to:

• A)move into a deficit during expansions.
• B)move into a surplus during recessions.
• C)move into a deficit during recessions.
• D)remain balanced throughout expansions and recessions.

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Definitions:

Buyer's Needs

The requirements, desires, or preferences of a purchaser that motivate them to buy a product or service.

Mutually Beneficial Agreement

A contract or arrangement where all involved parties stand to gain benefits, ensuring cooperation and satisfaction.

Salespeople and Customers

The relationship and interaction between those selling a product or service (salespeople) and those considering or making a purchase (customers).

Nervousness

The feeling of anxiousness or unease, typically about an imminent event or something with an uncertain outcome.