Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Examine the following items and determine which ones are built-in stabilizers or discretionary changes, and why. The discretionary are not considered automatic stabilizers: (a) Unemployment

Examine the following items and determine which ones are built-instabilizersordiscretionarychanges, and why. The discretionary are not considered automatic stabilizers:

(a) Unemployment benefits

(b) Tax cuts

(c)An increase in government spending on road work

(d) Progressive tax system

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

OPEC Twenty Years And Beyond

Authors: Ragaei El Mallakh

1st Edition

1317244737, 9781317244738

More Books

Students also viewed these Economics questions

Question

Discuss the five steps that can be used to conduct a task analysis

Answered: 1 week ago

Question

Discuss the purpose and advantages of conducting a needs assessment

Answered: 1 week ago