The built-in tax and transfer-payment policies that dampen fluctuations in economic activity are known as:

Name: The built-in tax and transfer-payment policies that dampen fluctuations in economic activity are known as:
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Automatic stabilizers are built-in government policies, like progressive taxation and unemployment benefits, that automatically adjust to dampen economic fluctuations without the need for explicit intervention by policymakers.

The Built-In Tax and Transfer-Payment Policies That Dampen Fluctuations in Economic