142k views
0 votes
How do automatic stabilizers help counter the ups and downs of the business cycle ?

User Pierz
by
3.2k points

1 Answer

3 votes
Automatic stabilizers are any part of the government budget that offsets fluctuations in aggregate demand. They offset fluctuations in demand by reducing taxes and increasing government spending during a recession, and they do the opposite in expansion
User Dparkar
by
3.5k points