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following argument regarding Automatic Stabilizer by T (true) or F (false). (1)Introducing regressive tax will reduce the effectiveness of automatic stabilizer. (2)Automatic stabilizer will expand
following argument regarding Automatic Stabilizer by T (true) or F (false). (1)Introducing regressive tax will reduce the effectiveness of automatic stabilizer. (2)Automatic stabilizer will expand GDP volatility. (3)Progressive tax, unemployment benefit, social security system are few examples of automatic stabilizer. (4)Keynesian economics emphasize the importance of automatic stabilizer
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