Automatic Stabilizers

question 73

Multiple Choice

Automatic stabilizers

• A)increase the problems that lags cause in using fiscal policy as a stabilization tool.
• B)are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
• C)are changes in taxes or government spending that policy makers quickly agree to when the economy goes into recession.
• D)All of the above are correct.

---

Definitions:

Team Work

The joint work of a team to accomplish a shared objective or finish a task in the most productive and efficient manner.

Organisational Goals

Objectives set by an organization that guide its operations, strategy, and decision-making processes.

Employee Incentive Scheme

A program designed to motivate employees by providing rewards or benefits based on performance or achievement.

Performance Targets

Specific goals set for individuals or teams to measure and evaluate their efficiency and effectiveness.