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Indicate whether each of the following would be considered an automatic stabilizer (last part of lecture and pg. 544): a. The president encourages Congress to
Indicate whether each of the following would be considered an automatic stabilizer (last part of lecture and pg. 544):
a. The president encourages Congress to decrease taxes prior to an election.
b. A higher level of jobless claims results in an increase in total disbursements of unemployment compensation.
c. An expansion in the economy increases the average person's income level, forcing some people into higher tax brackets.
d. The US congress increases highway spending programs in order to benefit local businesses
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