Which of the following is true concerning automatic stabilizers and fiscal policy?

Which of the following is true concerning automatic stabilizers and fiscal policy?

I. Automatic stabilizers reduce the public debt.
II. Automatic stabilizers require no new legislation.
III. Automatic stabilizers reduce the inflation rate after Congressional action.

I only.

II only.

III only.

I and II only.

II and III only.

Incoming search terms:

• which of the following is true concerning automatic stabilizers and fiscal policy?i automatic stabilizers reduce the public debt due to congressional action ii automatic stabilizers require no new congressional action iii automatic stabilizers reduce the