Answered step by step
Verified Expert Solution
Question
1 Approved Answer
On a graph showing the influence of automatic stabilizers on the economy, government expenditures on transfer payments and real GDP have a(n): a. direct relationship
On a graph showing the influence of automatic stabilizers on the economy, government expenditures on transfer payments and real GDP have a(n):
a. | direct relationship as shown by an upward-sloping line G. | |
b. | direct relationship as shown by a downward-sloping line G. | |
c. | inverse relationship as shown by an upward-sloping line G. | |
d. | inverse relationship as shown by a downward-sloping line G. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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