Total unemployment compensation increases during recessions, Ask an Expert

Economics

Total unemployment compensation increases during recessions with no change in benefit rates. This is an example of

a. balanced-budget policy.

b. the crowding-out effect.

c. automatic stabilizers.

d. the concept of Ricardian equivalence.

e. regressive taxation.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91297909

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