Question: 1- What do a utomatic stabilizers mean? 2- What does Discretionary fiscal policy mean? 3- What does Expansionary fiscal policy mean? 4- What does Contractionary

1- What do automatic stabilizers mean?

2- What does Discretionary fiscal policy mean?

3- What does Expansionary fiscal policy mean?

4- What does Contractionary fiscal policy mean?

5- What does Permanent income mean?

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