Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 23, 2024

Most government transfer programs are automatic stabilizers. Can you explain with examples what are these transfer programs and why they are considered automatic stabilizers?

Most governmenttransfer programsare automatic stabilizers. Can you explain with examples what are these transfer programs and why they are considered automatic stabilizers?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 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

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

Students also viewed these Economics questions

Question

★★★★★

Determine the optimal order quantity and total annual inventory cost for cups in Problem 13-27 if the carrying cost is 5% of the price of a box of cups.

Answered: 1 week ago

Question

★★★★★

=+Describe the components of this time series.

Answered: 1 week ago

Question

★★★★★

Until 2012, California, Texas, and Pennsylvania required firms to collect sales taxes for online sales if the chain had a physical presence ( a brick store as opposed to a click store) in those...

Answered: 1 week ago

Question

★★★★★

American missionaries in India and China used the new invention of the Kodak camera to send images of the starvation back home. What kind of impact would these photos have had on American people? Who...

Answered: 1 week ago

Question

★★★★★

Show that the no-arbitrage time-zero value of a zero coupon bond with maturity t> 0 is e when the risk-neutral instantaneous risk free rate follows r(s) = Z, where Z is a standard normal random...

Answered: 1 week ago

Question

★★★★★

Which item would most likely be classified as a fixture once attached onto real property? Select one: A. Wooden fence B. Plasma 50 TV C. Refrigerator D. Countertop microwave

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT a remedial measure to control business cycles. Question 3 options: Indirect measures Monetary measures Fiscal measures Physical measures

Answered: 1 week ago

Question

★★★★★

Leahy inc, has 10 customers that account for all of its $1,472,000 of net income. its activity-based costing system is able to assign all costs, except for $200,000 of general administrative costs,...

Answered: 1 week ago

Question

★★★★★

When carrying out the control process at MGT , Inc. s manufacturing plant, Sally focuses her attention on the few defective components produced on the assembly line. Although she is concentrating on...

Answered: 1 week ago

Question

★★★★★

Two events each have the probability 0.2 of occurring. The probability that neither is 0.6. These events are: A) mutually exclusive B) independent C) conditional D) mutually exclusive and independent...

Answered: 1 week ago

Question

★★★★★

A binomial experiment is given. Decide whether you can use the normal distribution to approximate the binomial distribution. If you can, find the mean and standard deviation. If you cannot, explain...

Answered: 1 week ago

Previous Question Next Question