How are automatic stabilizers used to combat inflation
Date Submitted: 06/14/2004 00:13:14
Category: / Business & Economy / Economics
Length: 2 pages (486 words)
Category: / Business & Economy / Economics
Length: 2 pages (486 words)
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…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.
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