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Economics A Level (DONEEEEEEE)

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Pregunta:

What are Automatic Stabilisers in terms of Fiscal Policy?

Autor: go kys



Respuesta:

-Government's Fiscal Policy may be Automatic to the Changes in the Economic Cycle. eg During a Recession, more Benefits will be dished out while less Taxation will be Received. This will Reduce the Problems a Recession causes, but this creates a Budget Deficit -The same happens with a Boom. Less dished on Benefits while More in Taxation


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Autor

go kys
go kys