If It Were Not for the Automatic Stabilizers in the U.S.economy

question 30

Multiple Choice

If it were not for the automatic stabilizers in the U.S.economy,

• A)the Federal Reserve would have less reason than it has now to monitor stock prices.
• B)it would be more desirable than it is now for the Federal Reserve to target an interest rate.
• C)a strict balanced-budget rule would be more desirable than it is now.
• D)output and employment would probably be more volatile than they are now.

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Definitions:

Age-Adjusted Death Rates

A statistical measure that allows comparison of mortality rates among different populations by removing the effects of age differences.

Attributable Risk

The difference in the rate of a condition between an exposed population and an unexposed population, which can be attributed to the exposure.

Cohort Study

An observational study design that follows a group of people over time to investigate the causes of disease and establish links between risk factors and health outcomes.

Myocardial Infarction

A medical condition commonly known as a heart attack, which occurs when blood flow to the heart is blocked, causing heart muscle damage.