SOLVED: A major advantage of the built-in or automatic stabilizers is that they: - guarantee that the Federal budget will be balanced over the course of the business cycle. - require no
Difference Between Automatic Stabilizers and Discretionary Policy | Difference Between
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SOLVED: Automatic Stabilizers (built-in stabilizers) Discretionary Fiscal Policy El payments - Progressive tax rate Deliberate manipulation of Government spending and taxes - Expansionary and Contractionary Fiscal policy Once enacted by the government,
SOLVED: Automatic stabilizers refer to mechanisms in the economy that automatically help stabilize economic fluctuations. These mechanisms are built into the fiscal policy and are designed to offset changes in economic activity
SOLVED: Question 5 1 pts A major advantage of built-in or automatic stabilizers is that they: O automatically produce a surplus during a recession and a deficit during inflation. O require no