Economics (M.Phil./Ph.D.) 2015 Panjab University Entrance Exam With Answers

Practice Mode:
7.

Built in stabilizers are :

A: Discretionary fiscal actions available to the government
B: Increased government spending on public works projects
C: A change in the income tax rate
D: Changes in next tax revenues that are the result of a change in the level of economic activity

The answer is: D