For most federations almost all macroeconomic stabilization comes from governments actively adjusting taxation and spending levels to smooth out slumps and booms.

Question

Quizplus · Accepted Answer

In most federations, macroeconomic stabilization is often achieved through automatic stabilizers like unemployment benefits and progressive taxation, rather than active adjustments by the government.

For Most Federations Almost All Macroeconomic Stabilization Comes from Governments