- CFA Exams
- CFA Exam: Level I 2021
- Study Session 5. Economics (2)
- Reading 16. Monetary and Fiscal Policy
- Subject 8. Active and Discretionary Fiscal Policy
CFA Practice Question
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
Correct Answer: B
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