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Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131Macroeconomics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188131 Exercise 4
AUTOMATIC STABILIZERS Often during recessions, the number of young people who volunteer for military service increases. Could this rise be considered a type of automatic stabilizer? Why or why not?
Explanation
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Increase in aggregate demand:
In the re...
Macroeconomics 10th Edition by William McEachern
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