fiscal stabilizers

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When automatic fiscal stabilizers are in place, a shock that causes a fall in the level of economic activity automatically

  1. Results in a decline in the federal budget deficit that lessens the fall in income

  2. Results in a rise in the federal deficit that lessens the fall in income

  3. Requires the federal government to balance the budget

  4. Will lead to a permanent increase in the budget deficit GET A GENUINE 100 % CUSTOM TERM PAPER BUY A NEW 100% ORIGINAL COLLEGE PAPER EFFICIENTLY

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