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If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include A) an increase in transfer payments or

If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include

A) an increase in transfer payments or social spending, such as unemployment benefits.

B) a flat tax on households' income.

C) an increase in government defense spending.

D) an increase in tax revenues as household incomes fall.

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