4. In earlier chapters, we learned about automatic stabilizers in the tax system and government spending programs.
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4. In earlier chapters, we learned about automatic stabilizers in the tax system and government spending programs.
a. Provide an example of an automatic stabilizer that works via the tax system in Canada and another of an automatic stabilizer that works via a government spending program.
b. How does the existence of automatic stabilizers affect your position on the debate over whether policymakers should try to stabilize the economy?
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Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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