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QUESTION
An automatic stabiliser is:a monetary or fiscal policy that aims to smooth out the business
An automatic stabiliser is:
a monetary or fiscal policy that aims to smooth out the business
cycle.
the tendency for inflation to fall as unemployment rises.
a policy for growth of an economy where the current account is kept in balance.
a tax or form of government expenditure that has the effect of reducing the size of business cycle fluctuations.
discretionary government policy used to increase the potential output of an economy.
