Determine whether each of the following is an example of, Ask an Expert

Economics

Fiscal Policy describeed in this answer

Determine whether each of the following is an ex of the automatic fiscal stabilizer.

A)As the economy starts to recover from a recession & more people go back to work, government-funded unemployment compensation payments begin to decline.

B) To stem an overheated economy the president, using special powers granted by congress, authorizes emergency impoundments of funds that Congress had previously authorized for spending on government programs.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M924918

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