Question
Hello I have an economics question and have provided the question via image. I need help with which of the following are examples of automatic
Hello I have an economics question and have provided the question via image. I need help with which of the following are examples of automatic stabilizers? options 1 (as corporate profits rise during an economic expansion, corporate income tax revenues rise) and 3 (as unemployment falls during an expansion, unemployment insurance payments decline) are the ones I think are the answers, is that correct? please correct me if I am wrong. Finally, Developing countries generally rely more on the government for investment than do developed countries I believe its true is that correct? please correct me if I am wrong. Here are the images below.
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