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

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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