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
Rzqust [24]
2 years ago
9

Economist Mark Thoma has​ written, "One of the difficulties in using fiscal policy to combat recessions is getting Congress to a

gree on what measures to implement. ... Automatic stabilizers bypass this difficulty by doing exactly what their name​ implies." ​Source: Mark​ Thoma, "The Importance of Automatic Stabilizers to the​ Economy," cbsnews​, January​ 25, 2010. Automatic stabilizers are:
Social Studies
1 answer:
Dimas [21]2 years ago
5 0

Answer:

Automatic stabilizers are policies that adjust, as the name implies, automatically, to economic conditions.

An example of an automatic stabilizer is a progressive tax scheme that adjusts rates depending on whether the economy is growing or in recession. If the economy is growing, the tax rates will rise for those who are earning more income, and if the economy is in recession, the tax rates will go down for everyone.

Another example is unemployment benefits. They will increase when the economy is doing poorly and more people are unemployed, and the will decrease in the opposite situation.

The biggest advantage of automatic stabilizers is, as economist Mark Thoma explains, that they do not need to pass through congress to become effective.

You might be interested in
What is judicial review?
PSYCHO15rus [73]

Answer:

The correct response is Option B: Judicial review is the ability of the Supreme Court to look over a law and determine if it meets the requirements of the Constitution.

Explanation:

One of the roles of the U.S. Supreme Court is judicial review. It is an important dimension of the separation of powers concept in which the executive, legislative, and judicial branches of the government all serve as checks and balances for each other.  The Supreme Court has the last word when it comes to deciding if a right is protected by the Constitution or when a Constitutional right is violated by something like a state or federal law that is passed by the state government or the House or Senate in the case of federal law.

3 0
3 years ago
What device did the chinese invent zto measure the strength of earthquakes?
ss7ja [257]
The answer is Seismoscope
6 0
2 years ago
Why was it a difficult decision for President Thomas Jefferson to make the Louisiana purchase?
Lemur [1.5K]

President Jefferson believed that of it wasn't already in the Constitution then that power belonged to the states instead of the Federal Government. The ability to make the purchase wasn't in the Constitution but the deal needed to be completed quickly.Jun 14, 2016

3 0
3 years ago
Read 2 more answers
Why do you think these decisions are called landmark decisions?
umka21 [38]

Answer:

Why are they important? Landmark cases are important because they change the way the Constitution is interpreted. When new cases are brought before the courts, the decisions made by the Supreme Court in landmark cases are looked at to see how the judge shall rule.

Explanation:

A Landmark decision, or Landmark court decision, establishes new precedents that establish a significant new legal principle or concept. Or it changes the interpretation of existing law. ... A landmark decision is one that changes an entire area of the law during a period of time.

;-; sorry hopes this helps

6 0
2 years ago
Where does a compass point in the northern hemisphere
AVprozaik [17]
It depends on the lining of the magnetic field, but it would be either north or south
5 0
3 years ago
Read 2 more answers
Other questions:
  • A sole proprietor wants to take out a loan so she can buy a small restaurant and open her own cafe. What are some benefits and c
    10·2 answers
  • Based on what you know about root words, what does port mean? To carry To measure To join To support
    7·2 answers
  • Groups that are united by some common passion or interest opposed to the rights of other citizens, or opposed to the interests o
    13·1 answer
  • Should FabCo be allowed to purchase land in Wamego to build its new headquarters and main factory?
    10·2 answers
  • What did we call transfer goods foods and ideas between the old world and new world during 1500 s?
    5·1 answer
  • Other than handicapped signs, the color blue is used for: International routes Federal Routes Motorist Roadside Services
    9·1 answer
  • "Population is an asset rather than liability comment ?
    13·1 answer
  • Can someone please help meee?
    13·1 answer
  • Which group was the lowest in the second hierarchy
    8·1 answer
  • Expansions on goal-setting theory argue that goal-directed effort is a function of four goal attributes: goal acceptance, goal c
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!