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Much economic growth, the expansion of the economy's capacity to produce products and services, results from O A. increases in government spending. O B. increases
Much economic growth, the expansion of the economy's capacity to produce products and services, results from O A. increases in government spending. O B. increases in the quality of inputs. C. increases in export spending. O D. increases in the quality of outputs.The multiplier effect will increase real GDP when there is O A. a tax cut. O B. a decrease in government purchases. O C. a decrease in transfers. D. a tax increase.Employment insurance is an automatic stabilizer because payments increase during O A. expansions. O B. recessions. O C. supply shocks. O D. both recessions and expansions.Next qu Automatic stabilizers O A. have been created to reduce cyclical deficits and cyclical surpluses. O B. help counteract changes to real GDP and steer the economy back toward potential GDP. O C. reduce the size of the public debt during times of recession. O D. automatically produce surpluses during recessions and deficits during inflation
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