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MMLU / Which of the following is true of automatic fiscal policy stabilizers?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of the following is true of automatic fiscal policy stabilizers?

choices

  1. For a given level of government spending they produce a deficit during a recession and a surplus during an expansion.
  2. They serve to prolong recessionary and inflationary periods.
  3. The regressive tax system is a fundamental component of automatic stabilizers.
  4. For a given level of government spending they produce a surplus during a recession and a surplus during an expansion.

subject

high_school_macroeconomics

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Source and history

task_id
8f786a06-9a5b-5898-a495-796754fcc65a
task_key
all--test--8f786a06-9a5b-5898-a495-796754fcc65a
task_revision_id
1
config / split
all / test

Official source

initial import