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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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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