Question

Questions Completed 12 out of 32 of 32 > The advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers: do not require overt action by policymakers. have the full consent of the legislature. take longer to take effect than fiscal policy. have been vetted and approved by the courts.

          Questions Completed 12 out of 32
of 32 >
The advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers:
do not require overt action by policymakers.
have the full consent of the legislature.
take longer to take effect than fiscal policy.
have been vetted and approved by the courts.

Questions Completed 12 out of 32
of 32 >
The advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers:
do not require overt action by policymakers.
have the full consent of the legislature.
take longer to take effect than fiscal policy.
have been vetted and approved by the courts.

Added by John B.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Jacob Mclean

Step 1

These policies or programs are built into the structure of the economy and do not require any specific action or decision-making by policymakers. On the other hand, discretionary fiscal policy refers to deliberate changes in government spending or taxation that Show more…

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