Built-in stability constitutes (one word), or "passive" or "automatic," budgetary policy.
Question
Built-in stability constitutes (one word), or "passive" or "automatic," budgetary policy.
Solution 1
The answer to your question is "Automatic". Built-in stability constitutes "Automatic," or "passive" or "automatic," budgetary policy. This refers to the economic policies that are automatically implemented without the need for government intervention, helping to stabilize the economy.
Solution 2
The answer to your question is "Automatic". Built-in stability constitutes "Automatic," or "passive" or "automatic," budgetary policy. This refers to the economic policies that are automatically implemented without the need for government intervention, such as progressive taxation and welfare spending. These policies are designed to stabilize the economy by automatically increasing spending or decreasing taxes when the economy slows down, and vice versa when the economy is overheating.
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Match the definition with the word.easily controlled or managedwroughtdocilepensiveunidentified
Fill in the Blank QuestionFill in the blank question. stabilizers are provisions that change the levels of spending in the economy without any government intervention.
Which of the following is an example of an automatic stabilizer?Group of answer choicesdiscretionary spendinggovernment bailouts of firmsunemployment benefitsmilitary expenditures
Which of the following is an example of an automatic stabiliser?The regressive tax systemThe progressive tax systemPensionsThe proportional tax system
Static budget is another name for:Multiple ChoiceFlexible budget.Variable budget.Fixed budget.Standard budget.Master budget.
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