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Basic Question 9 of 11
Which of the following is an example of an automatic stabilizer?
II. A decrease in social security benefits during a recession
III. An increase in welfare benefits during an expansion
IV. A decrease in unemployment benefits paid out during an expansion
V. An increase in taxes during a recession
I. An increase in defense spending during an expansion
II. A decrease in social security benefits during a recession
III. An increase in welfare benefits during an expansion
IV. A decrease in unemployment benefits paid out during an expansion
V. An increase in taxes during a recession
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary
CFA® 2025 Level I Curriculum, Volume 1, Module 3.