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Which of the following represent(s) automatic stabilizers in the economy? I. A progressive personal income tax II. Unemployment insurance compensation III. Congressional action increasing tax

Which of the following represent(s) automatic stabilizers in the economy?

I. A progressive personal income tax

II. Unemployment insurance compensation

III. Congressional action increasing tax rates

a) i only

b) ii only

c) iii only

d) i and ii only

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