Describe how automatic stabilizers respond when output is above potential output. Assess the extent to which these
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Describe how automatic stabilizers respond when output is above potential output. Assess the extent to which these responses are timely, targeted, and temporary.
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Automatic stabilizers are features of the fiscal system that automatically adjust government spending and taxation in response to changes in economic ...View the full answer
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Related Book For
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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