An Advantage of Automatic Stabilizers Over Discretionary Fiscal Policy Is

question 204

Multiple Choice

An advantage of automatic stabilizers over discretionary fiscal policy is that

• A)automatic stabilizers are not subject to the same time lags as discretionary fiscal policy.
• B)automatic stabilizers can be easily fine-tuned to move the economy to full employment.
• C)only the President is involved in implementing automatic stabilizers, instead of both the President and Congress.
• D)the Ricardian equivalence theorem applies more readily to automatic stabilizers than to discretionary fiscal policy.

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Definitions:

Humoral Immunity

An aspect of the immune system mediated by molecules in the blood or mucosal secretions, including antibodies produced by B cells, that fights against pathogens.

Cellular Immunity

A part of the immune response that involves the activation of immune cells to defend the body against pathogens, distinct from antibody-mediated immunity.

T and B Lymphocyte

Types of white blood cells that play crucial roles in the immune system; T lymphocytes help regulate immune responses, whereas B lymphocytes produce antibodies.

AIDS

Acquired Immunodeficiency Syndrome (AIDS) is a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV), which damages the immune system and impairs the body's ability to fight infections and disease.