Most of the programs that we think of as automatic stabilizers did not exist in 1929. How

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Most of the programs that we think of as automatic stabilizers did not exist in 1929. How might the existence of automatic stabilizers have affected the severity of the Great Depression?

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:53 AM

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Most of the programs that we think of as automatic stabilizers did not exist in 1929. How

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Since automatic stabilizers reduce the size of ec...View the full answer

Macroeconomics

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