Which describes the role of automatic stabilizers in the economy?

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asked Nov 8, 2021 164k views

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Skyporter · Answer 1 · 2021-11-12T17:22:36+0000

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.

Which describes the role of automatic stabilizers in the economy?

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