Define automatic stabilizer and give an example


Problem

Define automatic stabilizer and give an example. For proponents of antirecessionary fiscal policies, what advantage do automatic stabilizers have over other types of taxing and spending policies?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Define automatic stabilizer and give an example
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