Loading ...

Blob

Smart Reasoning:

C&E

See more*

Qaagi - Book of Why

Causes

Effects

QPS Three phasedesignedAutomatic Volltage Stabilizers

therefore(passive) were setAutomatic stabilizers

to respond to evolving economic conditions without anyone taking action(passive) are designedAutomatic stabilizers

Hedgingcan createautomatic stabilizers

better waysto designautomatic stabilizers

to adapt to changing conditions optimally which was especially beneficial to the individuals on the receiving end(passive) were setThe automatic stabilizers

to expand during an economic downturn and contract during an expansion — providing timely and temporary fiscal stimulus(passive) are designedAutomatic stabilizers

Caps on total federal spending -- as well as a constitutional balanced budget amendmentwould preventthe automatic stabilizers

additional bonds issued by the U.S. Treasury When the economy enters a recessioncreateautomatic stabilizers

deficitsresultfrom automatic stabilizers

relatively high paymentsresultingfrom the automatic stabilizers

The legacy of the past High debt levels Failure to reduce debt during boom The role of the stability pact Excessive focus on holy numbers ( “ 3preventsautomatic stabilizers

to kick in , softening the blow of the economic slump in the European Union caused by the spread of the novel coronavirus(passive) are setautomatic stabilizers

to kick in , softening the blow of the economic slump in the European Union caused by the spread of the coronavirus(passive) are setautomatic stabilizers

also(passive) were ... triggeredAutomatic stabilizers

the political systemcreatesthe automatic stabilizers

the rising federal budget deficitresultingfrom the automatic stabilizers

the economic downfall(passive) prompted bythe automatic stabilizers

labor market shockstriggerautomatic stabilizers

Federal deficit spendingresultingfrom the automatic stabilizers

the recession - induced fall in government revenues(passive) triggered bythe automatic stabilizers

the Stimulus spending and spendingresultingfrom automatic stabilizers

the sort of negative economic events that each country is experiencing(passive) are triggered byautomatic stabilizers

the federal deficit to A ) increasecausethe federal deficit to A ) increase

from fiscal policies that help stabilize the economy by restraining the economy during expansionary periods and stimulating the economy when growth slows without deliberate action by the governmentresultfrom fiscal policies that help stabilize the economy by restraining the economy during expansionary periods and stimulating the economy when growth slows without deliberate action by the government

the federal deficit to A ) decreasecausethe federal deficit to A ) decrease

significantly to the deficit since 2007have contributedsignificantly to the deficit since 2007

to higher deficitsleadingto higher deficits

large deficitscreatelarge deficits

tax revenue to increase and government spending to decreasewill causetax revenue to increase and government spending to decrease

the budget deficit to swing counter - cyclicallycausethe budget deficit to swing counter - cyclically

the deficit are the only thing keeping the economy afloatcausethe deficit are the only thing keeping the economy afloat

the budget deficit to automatically increase ( and thereby stimulate the economy ) during a downturn in the absence of policy changescausethe budget deficit to automatically increase ( and thereby stimulate the economy ) during a downturn in the absence of policy changes

to growing the deficit when the economy is weak and shrinking it when it is strongto contributeto growing the deficit when the economy is weak and shrinking it when it is strong

A ) tax receipts to fall and government spending to risewill causeA ) tax receipts to fall and government spending to rise

mostly “ bad ” deficits(passive) created bymostly “ bad ” deficits

c. budget deficitscreatec. budget deficits

larger budget deficitscreatelarger budget deficits

to rising deficits as the economy plungedledto rising deficits as the economy plunged

a 1 % deficit but ... that an expansionary fiscal impulse has a negative impact on income is refutedcreatea 1 % deficit but ... that an expansionary fiscal impulse has a negative impact on income is refuted

about 1.9 percentage points of the record 9.3 percent federal deficit in 2009contributedabout 1.9 percentage points of the record 9.3 percent federal deficit in 2009

the deficits to grow to the point where they will trigger a recoveryare causingthe deficits to grow to the point where they will trigger a recovery

to deficits during recession and surpluses during economic growthleadto deficits during recession and surpluses during economic growth

so that spending goes up when the economy weakensare designedso that spending goes up when the economy weakens

in more government spending as recession occurredwould resultin more government spending as recession occurred

much of the " good deficits ... we are now experiencing and contribute mightily to ending recessionscausemuch of the " good deficits ... we are now experiencing and contribute mightily to ending recessions

to spending increases ... while unemployment and idle resources caused low revenuesledto spending increases ... while unemployment and idle resources caused low revenues

revenues to plummet to a record postwar low accompanied by higher spendingcausedrevenues to plummet to a record postwar low accompanied by higher spending

in a downturn , with ½ attributable to discretionary stimulative actions ( in the form of increased spending and tax relieftriggeredin a downturn , with ½ attributable to discretionary stimulative actions ( in the form of increased spending and tax relief

on keeping the average level of government spending similar ( rather than adding a higher level of entitlementresultedon keeping the average level of government spending similar ( rather than adding a higher level of entitlement

to smooth the business cycle by increasing tax revenue / reducing government spending in booms and increasing government spending / reducing tax revenue in bustsdesignedto smooth the business cycle by increasing tax revenue / reducing government spending in booms and increasing government spending / reducing tax revenue in busts

to have stronger stabilization effectscould be designedto have stronger stabilization effects

These cost effective and compactly designed(passive) are designedThese cost effective and compactly designed

aggregate demand from rising or falling as much as it would otherwiseto preventaggregate demand from rising or falling as much as it would otherwise

to respond to evolving economic conditions without anyone taking actionare designedto respond to evolving economic conditions without anyone taking action

to stabilization of the aggregate economycontributeto stabilization of the aggregate economy

to dampen the severity of such a shock to the systemare designedto dampen the severity of such a shock to the system

aggregate demand to become very volatilecauseaggregate demand to become very volatile

in motion by the 1318 Design Failures in the Eurozone recession - induced decline in government revenuessetin motion by the 1318 Design Failures in the Eurozone recession - induced decline in government revenues

to bring the economy out of recessiondesignedto bring the economy out of recession

disposable incomeIncreatedisposable incomeIn

any major outflows of foreign currencywould preventany major outflows of foreign currency

in motion during an economic slowdownsetin motion during an economic slowdown

Blob

Smart Reasoning:

C&E

See more*