Define automatic stabilizer and give an example. For proponents of anti-recessionary fiscal policies, what advantage do automatic

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Define automatic stabilizer and give an example. For proponents of anti-recessionary fiscal policies, what advantage do automatic stabilizers have over other types of taxing and spending policies?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:58 AM

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Define automatic stabilizer and give an example. For proponents of anti-recessionary fiscal policies, what advantage do automatic

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An automatic stabilizer is a provision in the budget that causes governme...View the full answer

Macroeconomics

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