In a recession, automatic stabilizers decrease taxes and increase transfer payments.

Name: In a recession, automatic stabilizers decrease taxes and increase transfer payments.
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Automatic stabilizers are designed to kick in during an economic downturn to help stabilize the economy. One way they do this is by decreasing taxes and increasing transfer payments. This helps boost consumer spending and demand, which can help get the economy back on track.

In a Recession, Automatic Stabilizers Decrease Taxes and Increase Transfer