An Example of Automatic Fiscal Policy Is

question 25

Multiple Choice

An example of automatic fiscal policy is

• A) the unemployed automatically become eligible for unemployment benefits when they lose their jobs in a recession.
• B) when interest rates automatically fall in a recession.
• C) Congress passes a law during a recession that automatically extends unemployment benefits for those whose benefits will soon expire.
• D) a and b
• E) a,b and c

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Definitions:

Sample Mean

The average value obtained from a sample, calculated by summing all observations and dividing by the number of observations.

Resamples

In statistics, the process of generating a new sample from an original dataset by methods such as bootstrapping or jackknifing.

Distinct Resamples

Unique subsets of data selected from a larger dataset, often used in bootstrap and other resampling techniques to estimate statistical precision.

Likely

A term indicating that something has a high probability of occurring or being the case.