1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
USPshnik [31]
3 years ago
14

g Automatic stabilizers a. increase the problems that lags cause in using fiscal policy as a stabilization tool. b. are changes

in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession. c. are changes in taxes or government spending that policy makers quickly agree to when the economy goes into recession. d. All of the above are correct.
Business
1 answer:
Dvinal [7]3 years ago
5 0

Answer:

b. are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.

Explanation:

Automatic stabilizers are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.

In Economics, it is also referred to as built-in stability and this means that with given tax rates and expenditures policies such as fiscal and monetary policy; an increase in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.

Hence, an automatic stabilizer is an  economic system or policies that automatically shore up or strengthen the Gross Domestic Products (GDP) without specific government intervention for sustenance or creation of stability in the economic cycle of a country.

For example, personal and corporate income tax usually decline in the event of recession in a country because individuals and business owners or entities make less, thus leading to unemployment and an increase in social security funds or welfare.

You might be interested in
Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this u
Alborosie

Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this unusual pairing the name stagflation.

Stagflation is a combination of the words ‘stagnation’ and ‘inflation’. It refers to the economic trend where there is rising prices yet high levels of unemployment.

It leads to an intractable situation where policy initiatives to boost economic growth such as expansionary monetary policy worsens the inflation rate, while attempts to rein in inflation has a further dampening effect on the economy. It is often caused by poor economic policies.

Stagflation was observed in the US economy during the oil crisis of the 1970s that caused a major recession. But inflation and unemployment rates were at a high during this time.

To learn more about stagflation : brainly.com/question/11224683

#SPJ4

8 0
1 year ago
Emilio saw a wonderful all-in-one kitchen appliance for sale on TV. The appliance would allow him to get rid of six small applia
icang [17]

Answer:

C) low-ball technique.

Explanation:

The low ball sales technique is legal, although it is also deceiving. It refers to a technique where a good or service is offered at a low price to attract customers' attention, and then the product or service is offered at a much higher price to include all the amenities or functions initially offered.

This is a very common car sales technique where a car is advertised at a certain price and the features offered correspond to a higher trim. Once the customers approach the dealership, they are told that the advertised price was for the basic model and that the advertised car is actually worth much more.

6 0
4 years ago
In a perfectly competitive​ market, all of the following statements are true​ except: A. Marginal revenue is the same as price.
Rashid [163]

Answer: Marginal revenue is equal to price times quantity

Explanation:

A perfectly competitive market is a market where there's a large number of both the producers and the consumers have full and symmetric information.

In a perfectly competitive​ market, the marginal revenue is the same as price and the marginal revenue curve is the same as the demand curve facing sellers.

It should be noted that the statement that the marginal revenue is equal to price times quantity is incorrect. The total revenue is equal to price times quantity.

6 0
3 years ago
To handle products in the decline stage of the product life cycle, companies often use either a ________ strategy or a ________
quester [9]

To handle products in the decline stage of the product life cycle, companies often use either a <u>divesting </u>strategy or a <u>harvesting </u>strategy.

The rate of decline is governed by means of two factors: the charge of alternate customer tastes and the fee at which new products are input into the market. Sony VCRs is an instance of a product within the decline degree. The call for VCRs has now been surpassed through the demand for DVDs and online streaming of content material.

Decline techniques are also known as protective techniques and are pursued when a business enterprise finds itself in an inclined position as a result of negative management, inefficiency, and ineffectiveness.

Learn more about the business here: brainly.com/question/24448358

#SPJ4

5 0
1 year ago
Novak Company took a physical inventory on December 31 and determined that goods costing $190,000 were on hand. Not included in
Lorico [155]

Answer: $237070

Explanation:

The amount that Novak should report as its December 31 inventory will be:

Inventory in hand = $190,000

Add: Goods bought from Pelzer Corporation = $25,170

Add: Cost of goods sold to Alvarez Company = $21900

Total = $237070

The amount that Novak should report as its December 31 inventory will be $237070

8 0
3 years ago
Other questions:
  • What does it mean to adopt a maturity matching approach to financing assets, including current assets? How would a more aggressi
    8·1 answer
  • In 2012, more than 1.4 billion movie tickets were sold, more than 17 million people attended NFL games, and about 30 million peo
    9·1 answer
  • The cost of producing a good and getting it to the customers is called the _____ . penalty cost
    6·2 answers
  • You have 2500 square feet for selling space. You want to reserve at least 125 square feet for each product category you will car
    13·1 answer
  • The most important factor determining whether a research collaboration will be successful is:
    8·2 answers
  • Which one of the following statements is not true about statements of cash flows prepared according to U.S. GAAP?a. The operatin
    11·1 answer
  • When school districts are funded by local taxes only, the likelihood of disparities in funding goes up.
    12·1 answer
  • Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from t
    12·1 answer
  • If the unemployment rate falls below its long-run level, which policies would be appropriate to stabilize output? a. increase th
    10·1 answer
  • Write about your last week ( over 50 words)​
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!