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Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469 Exercise 15
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...
Economics 11th Edition by William McEachern
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