marks People Window Help biscms/modlibis/view.php?id 2651441 Gradebook 07/26/201
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marks People Window Help biscms/modlibis/view.php?id 2651441 Gradebook 07/26/2016 1155 PM 100 C 7/26/2016 1252 PM Print calculator Question 17 of 21 Sapling Learning ifeach of the following statements about the standardized employment budget is true or false. have been if the business cycle had not resulted in automatic stabilizers changing spending or revenue. at potential GDP. the actual budget deficit would be unctioning budget deficit. the equal to the deficit tend to be larger and more Changes to the standardized During the Great Recession, the US ran a standardized employment budget surplus. The standardized employment budget shows that automatio stabilzers usually firms earm mee money because we ran ofrer onal income ieee Rise in AD means MacBook AirExplanation / Answer
1. Trrue
As the gap between the standardized budget deficit or surplus and the actual budget deficit or surplus shows the impact of the automatic stabilizers.
2. True
Since standadized deficit is calculated assuming economy at full potential when it is in actual also at full potential then two are equal.
3. False
Since changes in Standardized is lower as it is the dficit (surplus) when economy is at fully potential.
4. False
As during recession, the standardized employment deficit is smaller than the actual deficit and there is actually a deficit and n't surplus
5. False
As impact of automatic stablizers is shown as the gap between actual and standerdized , and actual and standardized becomes equal when autometric stabilizers fully offsets change in AD
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