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Aloiza [94]
3 years ago
14

A major advantage of the built-in or automatic stabilizers is that they: Group of answer choices guarantee that the Federal budg

et will be balanced over the course of the business cycle. automatically produce surpluses during recessions and deficits during inflations. require no legislative action by Congress to be made effective. simultaneously stabilize the economy and reduce the absolute size of the public debt.
Business
1 answer:
crimeas [40]3 years ago
6 0

Answer:

Option C (Don't allow Congress to take any statutory action to be successful) is the correct option.

Explanation:

  • Automatic stabilizers represent frameworks built throughout the gov. expenditure that raise expenditures either lessen outlay whenever the growth is in break down, without even any approval from policymakers.
  • Increasingly elevated personal income contributions as well as payment schemes including such retirement benefits or gov. assistance seem to be the best-known compulsory stabilizers.

The other available options should not be in relation to the circumstance in question. Therefore, the correct answer will be option C.

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