Which of the Following Would Not Be Considered an Automatic

question 286

Multiple Choice

Which of the following would not be considered an automatic stabilizer?

• A)legislation increasing funding for job retraining passed during a recession
• B)decreasing unemployment insurance payments due to decreased joblessness during an expansion
• C)rising income tax collections due to rising incomes during an expansion
• D)declining food stamp payments due to more persons finding jobs during an expansion

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Definitions:

Unit Owner

The legal owner of an individual unit within a multi-unit property, such as a condominium or cooperative building.

Registry System

A system for recording and tracking the ownership and transactions of assets, such as real estate or vehicles.

Fee Simple

The most extensive ownership interest in land that one can possess under law, which includes the right to use, lease, or sell the property at will.

Good Chain of Title

A clear sequence of ownership documents reflecting an unbroken transfer of property rights from the original owner to the current owner.