Which of the following is an example of a built-in fiscal policy, or automatic s
ID: 2507216 • Letter: W
Question
Which of the following is an example of a built-in fiscal policy, or automatic stabilizer?
I. Social Security
II. Welfare
III. Unemployment insurance
IV. The income tax system
A.II, III, and IV only
B.I and III only
C.I, II, III, and IV
D.II and III only
E.I and IV only
Which of the following is an example of a built-in fiscal policy, or automatic stabilizer?
I. Social Security
II. Welfare
III. Unemployment insurance
IV. The income tax system
A.II, III, and IV only
B.I and III only
C.I, II, III, and IV
D.II and III only
E.I and IV only
Explanation / Answer
B