In macroeconomics, automatic stabilizers describes how modern government budget policies, particularly income taxes and welfare spending, act to dampen fluctuations in real GDP.
The size of the government budget deficit tends to increase when a country enters a recession, which tends to keep national income higher by maintaining aggregate demand. There may also be a multiplier effect. This effect happens automatically depending on GDP and household income, without any explicit policy action by the government, and acts to reduce the severity of recessions. Similarly, the budget deficit tends to decrease during booms, which pulls back on aggregate demand. Therefore, automatic stabilizers tend to reduce the size of the fluctuations in a country's GDP.
yes
price elasticity of demand is the degree of responsiveness of demand where by change in price of a commodity bring proportionate change in quantity demanded.
someone entrusted to hold the stakes for two or more persons betting against one another; must deliver the stakes to the winner--1 is a kind of neutral
It means that you should pay attention in class and write your own paper!!! PS -That is a difficult question, I would have to go back and do some reading to thoroughly answer that question.
Explain the Law of Variable Propotion
Explain what is meant by a complex system
Explain what is meant by feedback
yes,it has builtin
Explain what is meant by the term 'dementia.'
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Explain what is meant by the fetch-execute cycle and describe its action in RLT?" Explain what is meant by the fetch-execute cycle and describe its action in RLT?"
yes it does
Shock first, then check your stabilizer. Add stabilizer as needed.
stabilizer is a mixture
The Stabilizer was created in 1984.
explain what is meant by "embedded control character" employed by a word processing package.
What is meant by resonance and explain the series and parallel resonance? by kathiresan