The presence of automatic stabilizers means that the federal budget deficit is ________ than it otherwise would be in a recession and ________ than it otherwise would be in an expansion.
A. larger; smaller
B. smaller; larger
C. smaller; smaller
D. larger; larger
Answer:A
The presence of automatic stabilizers means that the federal budget deficit is ________ than it otherwise would be in a recession and ________ than it otherwise would be in an expansion.
A. larger; smaller B. smaller; larger C. smaller; smaller D. larger; larger