A major advantage of the built-in or automatic stabilizers is that they Question 35 options:________ A) simultaneously stabilize the economy and reduce the absolute size of the public debt. B) guarantee that the federal budget will be balanced over the course of the business cycle. C) automatically produce surpluses during recessions and deficits during inflations. D) require no legislative action by Congress to be made effective.

Automatic stabilizers are the government policies that are designed to stabilize business cycles without any additional government action, hence the name automatic.

They are designed in a way to offset fluctuations in the economy through their normal operations. Examples of automatic stabilizers are a progressive tax, unemployment benefits, etc.

By normally operating, these policies take money out of the economy during the times of rapid growth and put money back at times of economic slowdown.

adeoladokun31 adeoladokun31 · Answer 2 · 2022-04-05T13:30:34+02:00

The major advantage of automatic stabilizer is that require no legislative action by Congress to be made effective.

What is Automatic stabilizer?

Automatic stabilizers refers to characteristics of the tax and transfer systems that cause a change in the economy when it overheats and help to boost the economy when it slumps, without direct intervention by policymakers. Automatic stabilizers boycott fluctuations in economic activity without direct intervention by policymakers.

Therefore, The major advantage of automatic stabilizer is that require no legislative action by Congress to be made effective.

Learn more about automatic stabilizer here.

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