Business, 27.11.2019 03:31 princessammarah4731
Automatic stabilizers create during recessions from things like increased government spending on welfare and unemployment insurance, and reduced tax revenues, and create during peak growth periods of the economy from things like reduced government welfare spending and increased tax revenues.
a. fiscal stimulus, fiscal contraction.
b. fiscal stimulus, fiscal stimulus.
c. fiscal contraction, fiscal stimulus.
d. fiscal contraction, fiscal contraction.
Answers: 1
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Automatic stabilizers create during recessions from things like increased government spending on we...
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