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How does fiscal policy contribute to economic stability through automatic stabilizers? Question 1 Answer a. By increasing government spending during recessions. b. By stabilizing exchange
How does fiscal policy contribute to economic stability through automatic stabilizers? Question 1 Answer a. By increasing government spending during recessions. b. By stabilizing exchange rates. c. By automatically adjusting tax rates based on economic conditions. d. By lowering interest rates
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
