Economist Mark Thoma wrote, One of the difficulties in using fiscal policy to combat recessions is getting

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Economist Mark Thoma wrote, "One of the difficulties in using fiscal policy to combat recessions is getting Congress to agree on what measures to implement. ... Automatic stabilizers bypass this difficulty by doing exactly what their name implies." What are automatic stabilizers? Name two examples of automatic stabilizers and explain how they can reduce the severity of a recession.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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