Question: 23. With reference to 'Automatic Fiscal Stabilisers' (AFS) Define what you understand by the term Automatic Fiscal Stabilisers and provide an explanation as to how


23. With reference to 'Automatic Fiscal Stabilisers' (AFS) Define what you understand by the term Automatic Fiscal Stabilisers and provide an explanation as to how 'Automatic Fiscal Stabilisers' may work within the UK economy. Outline any problems that may arise when automatic stabilisers begin to take effect
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