S Course 2223 MGMT351 05 Course Home P Chapter 16 Part A Quiz C mylab.pearson.com Select Profile | Dis. ( Life Skills Classes.. Pretty Little Liars_. Pretty Little Liars:. W WileyPLUS Login... ) curet Blaw ECON 201- Principles of Macroeconomics SPRING 2022 MW 9:30 Quiz: Chapter 16 Part A Quiz Question 2 of 15 Economist Mark Thoma has written, "One of the difficulties in using fiscal policy to combat recessions is getting Congress to agree on what measu implies." Source: Mark Thoma, "The Importance of Automatic Stabilizers to the Economy," cosnews.com, January 25, 2010. Automatic stabilizers are A. changes in business taxes that occur when the economy slows down. OB. budgetary cuts that occur automatically at the end of the fiscal year if there is a deficit. O C. government spending and taxes that automatically increase or decrease along with the business cycle. D. changes in the money supply that occur automatically when money demand changes. Two examples of automatic stabilizers in the U.S. are O A. social security payments and the proportional income tax system. O B. unemployment insurance payments and the progressive income tax system. O C. the proportional income tax system and student loan subsidies O D. social security payments and the regressive income tax system. Automatic stabilizers can reduce the severity of a recession because, during a recession, A unemployment payments rise and tax collections fall, providing more spending ability to push the economy back to full employment. OB. student loan subsidies rise and tax collections fall, providing more spending ability to push the economy back to full employment, () C. social security payments rise and tax collections fall, providing more spending ability to push the economy back to full employment. ( D. social security payments and student loan subsidies rise, providing more spending ability to push the economy back to full employment