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Business, 30.05.2020 17:58 Jennitiu

Which of the following describes a major advantage of automatic stabilizers?

They institute countercyclical fiscal policy without the delays associated with legislative action.
They automatically add stimulus during periods of strong demand.
They automatically add restraint during periods of recession.
They automatically increase optimism about future economic conditions.

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Which of the following describes a major advantage of automatic stabilizers?

They instit...

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