"Automatic Stabilizers Create Budget Deficits When the Economy Goes into a Recession

question 140

True/False

"Automatic stabilizers create budget deficits when the economy goes into a recession" is a normative statement.

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Definitions:

Income Tax

A tax levied by a government directly on an individual's or organization's income.

Interstate Highway System

A network of controlled-access highways that forms part of the National Highway System of the United States, designed to promote efficient interstate travel and commerce.

Environmental Protection

Efforts and policies aimed at safeguarding the natural environment from degradation due to human activities, ensuring the health and sustainability of ecosystems.

Scientific Research

The systematic investigation and study of materials, sources, etc., in order to establish facts and reach new conclusions.