One characteristic of automatic fiscal policy is that it
A. requires no legislative action by Congress to be made effective.
B. automatically produces surpluses during recessions and deficits during inflation.
C. has no effect on unemployment.
D. reduces the size of the federal government debt during times of recession.
Answer:A
One characteristic of automatic fiscal policy is that it
A. requires no legislative action by Congress to be made effective. B. automatically produces surpluses during recessions and deficits during inflation. C. has no effect on unemployment. D. reduces the size of the federal government debt during times of recession.