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A Major Advantage of Automatic Stabilizers Is That They

Question 60

Multiple Choice

A major advantage of automatic stabilizers is that they:


A) ​guarantee that the federal budget will be balanced over the course of the business cycle.
B) ​require no legislative action by Congress to take effect.
C) ​simultaneously stabilize the economy and reduce the size of the public debt.
D) ​automatically produce surpluses during recessions and deficits during economic booms.

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