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Business, 09.07.2020 01:01 glowbaby123

An automatic stabilizer: increases tax revenue relative to government spending throughout the business cycle. increases inflationary pressure during expansions. increases the drop in disposable income during recessions and increases the jump in disposable income during expansions. decreases tax revenue relative to government spending throughout the business cycle. reduces the drop in disposable income during recessions and reduces the jump in disposable income during expansions.

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