The government has the ability to influence the level of output in the short run using monetary and fiscal policy. there is some disagreement as to whether the government should attempt to stabilize the economy.

which of the following are arguments in favor of active stabilization policy by the government? check all that apply.

shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.

changes in government purchases and taxation must be passed by both houses of congress and signed by the president.

businesses make investment plans many months in advance.

the current tax system acts as an automatic stabilizer.

which of the following are examples of automatic stabilizers? check all that apply.

corporate income taxes

the discount rate

personal income taxes

Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.