Q11. Which of the following is least likely to be cited as a limitation of discretionary fiscal policy stabilizers? A) Taxes paid by households increase as incomes rise. B) It takes time for corporations and individuals to react to fiscal policy changes. C) Changes in the business cycle are difficult to predict.
Q12. Unemployment compensation is an example of: A) an automatic monetary policy stabilizer. B) an automatic fiscal policy stabilizer. C) a discretionary fiscal policy stabilizer.
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