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Basic Question 8 of 11
Mechanisms that stabilize real GDP without explicit action by the government are ______
B. automatic stabilizers
C. entitlement spending
A. automatic fiscal policy
B. automatic stabilizers
C. entitlement spending
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Edward Liu
Learning Outcome Statements
explain the implementation of fiscal policy and difficulties of implementation as well as whether a fiscal policy is expansionary or contractionary
CFA® 2025 Level I Curriculum, Volume 1, Module 3.