Automatic fiscal stabilizers the impact of demand or supply shocks on the economy since during booms and government's net tax revenues during recessions. A. magnify; increase; decrease B. magnify; decrease; increase C. does not affect; are constant; are constant D. dampen; increase; decrease E. dampen; decrease; increase
Automatic fiscal stabilizers the impact of demand or supply shocks on the economy since during booms and government's net tax revenues during recessions. A. magnify; increase; decrease B. magnify; decrease; increase C. does not affect; are constant; are constant D. dampen; increase; decrease E. dampen; decrease; increase
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Automatic fiscal stabilizers
the impact of demand or supply shocks on the economy since
during booms and
government's net tax revenues
during recessions.
A.
magnify; increase; decrease
B.
magnify; decrease; increase
C.
does not affect; are constant; are constant
D.
dampen; increase; decrease
E.
dampen; decrease; increase](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fde55a215-1d45-4b22-96b6-e5d90f64eb95%2Fb2fde628-2004-4809-9c8f-181ed6fd6130%2F30mlh6b.png&w=3840&q=75)
Transcribed Image Text:Automatic fiscal stabilizers
the impact of demand or supply shocks on the economy since
during booms and
government's net tax revenues
during recessions.
A.
magnify; increase; decrease
B.
magnify; decrease; increase
C.
does not affect; are constant; are constant
D.
dampen; increase; decrease
E.
dampen; decrease; increase
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