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Study with Quizlet and memorize flashcards containing terms like What rises when government spending increases?, Define "automatic stabilizer"., Give two examples of automatic stabilizers. and more.
Study with Quizlet and memorize flashcards containing terms like what are automatic stabilizers?, built in stabilizer, Factors of built in stabilizer? and more.
Study with Quizlet and memorize flashcards containing terms like aggregate demand, why is AD downward sloping wealth effect, why is AD downward sloping intrest rate effect and more.
17 lip 2023 · Describe how the federal government can use discretionary fiscal policy to stabilize the economy; Identify examples of automatic stabilizers; Understand how a government can use standardized employment budget to identify automatic stabilizers
Automatic stabilisers are automatic fiscal changes as the economy moves through stages of the business cycle – e.g. a fall in tax revenues from the circular flow during a recession or an increase in state welfare benefits when unemployment is rising.
8 cze 2023 · Automatic stabilisers are automatic fiscal changes as the economy moves through different stages of the business cycle – such as a fall in tax revenues from the circular flow during a recession or an increase in state welfare benefits when the unemployment rate is rising.
Describe how the federal government can use discretionary fiscal policy to stabilize the economy; Identify examples of automatic stabilizers; Understand how a government can use standardized employment budget to identify automatic stabilizers
