Automatic Stabilizers Act Like

question 320

Multiple Choice

Automatic stabilizers act like:

• A)automatic expansionary fiscal policy when the economy is in inflation.
• B)automatic expansionary fiscal policy when the economy is in a recession.
• C)an additional multiplier effect.
• D)automatic contractionary policy when the economy is in a recession.

---

Definitions:

Communal Landholdings

Refers to land that is owned collectively by a community, rather than by individuals or corporations, often managed and used according to community-agreed practices and rules.

The Grange

Also known as the Patrons of Husbandry, a fraternal organization founded in 1867 to advance the social and economic needs of farmers in the United States.

Farm Output

The total quantity of agricultural products produced by farms, including crops and livestock, within a certain period.

Railroad Rates

The prices charged by rail transport companies for the conveyance of passengers and goods on their networks.