The national debt is equal to: The type of unemployment that is primarily charac
ID: 1203418 • Letter: T
Question
The national debt is equal to: The type of unemployment that is primarily characteristic of an economy in recession is: The reason the Bureau of Labor Statistics excludes fully retired persons and full-time homemakers from its definition of the labor force is that: Automatic stabilizers consist of: government taxing and spending programs that trigger appropriate increases or decreases in the amount of aggregate demand based on the state of health of the economy without legislative action. government taxing and spending programs that automatically increase aggregate demand during inflationary times and decrease demand during recessions. government taxing and spending programs that do not require a referendum by the general electorate. government taxing and spending programs that trigger appropriate changes in the amount of aggregate demand based on White House forecasts of the state of health of the economy government taxing and spending programs that trigger appropriate changes in the amount of aggregate demand based on the party in control of Congress. Discretionary fiscal policy results from: Congress and the President taking explicit legislative action to change government spending or taxes. fiscal policy conducted discretely as lo not attract undue attention. policy that takes effect automatically when an economy slides into a recession. policy done at the sole discretion of Congress and cannot be vetoed by the president, c. policy done at the discretion of the state governors. Janet is receiving a 12% pay raise this year. If the rate of inflation is averaging 3% per year then: Janet's purchasing power is rising. it is impossible to tell what is happening to Janet 's purchasing power without further information Janet's purchasing power is falling. Janet's purchasing power is unaffected by either inflation or the pay raise Janet's purchasing power is rising because inflation has no effect on purchasing power. The proper fiscal policy to use in times of in a recession or weakening economy is policy:Explanation / Answer
1. C.The sum of all previous years
2. C.Cyclical
3. D. Any work they do is
4. A
5. A
6. A
7. C
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