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Business, 17.04.2020 02:31 sainijasdeep27

How does a budget deficitLOADING... act as an automatic stabilizer and reduce the severity of a recession? A. Transfer payments to households increase. B. Consumers spend more than they would in the absence of social insurance programs, like unemployment. C. During recessions, tax obligations fall due to falling wages and profits. D. All of the above.

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