Which of the following are examples of automatic stabilizers? Check all that apply. As unemployment falls...

 

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Which of the following are examples of automatic stabilizers? Check all that apply. As unemployment falls during an expansion, employment insurance payments decline. In the mid-1990s, Parliament passed expenditure cuts designed to reduce the deficit. In response to the 2008 recession, Parliament approved billions of dollars of additional spending on public infrastructure projects. As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates. Which of the following are examples of automatic stabilizers? Check all that apply. As unemployment falls during an expansion, employment insurance payments decline. In the mid-1990s, Parliament passed expenditure cuts designed to reduce the deficit. In response to the 2008 recession, Parliament approved billions of dollars of additional spending on public infrastructure projects. As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates.

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