Question: Which statement below is NOTtrue regarding government intervention in the economy? Progressive income tax is a form of automatic stabilizer. Unemployment insurance is an automatic

Which statement below is NOTtrue regarding government intervention in the economy?

  • Progressive income tax is a form of automatic stabilizer.
  • Unemployment insurance is an automatic economic stabilizer.
  • Most suggest that government should promote macroeconomic stability.
  • If the economy is doing badly, the government should cut spending to improve it.

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