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Shevonne Simeon
on Nov 11, 2024

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If the automatic stabilizers are creating budget deficits,the economy must be experiencing falling output.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without intervention by the government or policymakers.

Falling Output

Falling output describes a situation where an economy or a particular sector is producing less goods or services over time.

  • Comprehend the correlation between automatic stabilizers and fiscal results.
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Monica MalinenNov 15, 2024
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