What is meant by a built-in stabilizer

Reference no: EM13190818

Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? Explain what is meant by a built-in stabilizer and give two examples

Reference no: EM13190818

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What is meant by a built-in stabilizer : Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate Explain what is meant by a built-in stabilizer and give two examples

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