Which one of the following is NOT an automatic stabilizer? a.Social Security b.Unemployment insurance c.The countercyclical...
Which one of the following is NOT an automatic stabilizer?
a.Social Security
b.Unemployment insurance
c.The countercyclical approach
d.The TANF program
Homework Answers
Option c is the correct answer.
Automatic stabilizers offsets any fluctuations in the economy without the intervention of the government.
The countercyclical approach is an approach in which government reduce the spending and increases its tax.
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