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Automatic stabilisers

From Citizendium - Reading time: 1 min

Automatic stabilisers [r]: the tendency in times of falling economic activity for the government spending to rise, and for tax receipts to fall - and the reverse tendency in times of rising economic activity [e]

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Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Automatic_stabilisers
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