Economist mark thoma has written, "one of the difficulties in using fiscal policy to combat recessions is getting congress to agree on what measures to implement. automatic stabilizers bypass this difficulty by doing exactly what their name implies." source: mark thoma, "the importance of automatic stabilizers to the economy," cbsnews, january 25, 2010. automatic stabilizers are

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you

How do communism and socialism differ in terms of the role that government plays in the economy ?

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation