9 Unemployment compensation, corporate taxes, and the progressive income tax act as automatic stabilizers because they automatically

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9 Unemployment compensation, corporate taxes, and the progressive income tax act as automatic stabilizers because they automatically contribute to a budget deficit during slack times and to a budget surplus when the economy is at full employment.

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Essentials Of Economics

ISBN: 396414

2nd Edition

Authors: James D Gwartney; Richard Stroup; J R Clark

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Question Posted: Oct 25, 2024 10:05 AM

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9 Unemployment compensation, corporate taxes, and the progressive income tax act as automatic stabilizers because they automatically

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Essentials Of Economics

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