One characteristic of automatic fiscal policy is that ita, Ask an Expert

Economics

One characteristic of automatic fiscal policy is that it...

A) has no effect on unemployment.

B) reduces the size of the federal government debt during times of recession.

C) requires no legislative action by Congress to be made effective.

D) automatically produces surpluses during recessions and deficits during inflation.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91234880

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