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Many government? programs, such as unemployment? compensation, operate on a deficit during recessions and a surplus during periods of economic expansion. the programs are referred to as
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Jan 23, 2018
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Many government? programs, such as unemployment? compensation, operate on a deficit during recessions and a surplus during periods of economic expansion. the programs are referred to as
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Built-in stabilizers are done by the government to ensure the balance in the economy. The budget during deficit increases during a recession and also a budget increase in surplus comes during an expansion. It is an economic strategy reaction to deal with situations in the world market.
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