lindaphan9584 lindaphan9584
  • 10-09-2020
  • Business
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Which describes the role of automatic stabilizers in the economy?

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nataliaceciliad
nataliaceciliad nataliaceciliad
  • 10-09-2020
Automatic stabilizers have a similar impact as discretionary fiscal policy but occur automatically, without action by the government. Automatic stabilizers increase aggregate demand during recessions and reduce aggregate demand during expansions.
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