Essay Database
How are automatic stabilizers used to combat inflation
Date Submitted: 06/14/2004 00:13:14
Is this Essay helpful? Join now to read this particular paper
and access over 800,000 just like this GET BETTER GRADES
and access over 800,000 just like this GET BETTER GRADES
government to be able to put less work in the US fiscal policy. Also, it saves time in fixing an economic problem, because discretionary fiscal policy (policy in which the government must put into action themselves) would take the time of recognizing the problem, passing a bill to combat the problem, and then waiting for it to come into effect. With automatic stabilizers, the only time wasted is waiting for the effect to become noticeable.
Need a custom written paper? Let our professional writers save your time.