Automatic stabilizers work during both economic recessions and economic expansions.

Name: Automatic stabilizers work during both economic recessions and economic expansions.
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Automatic stabilizers are government policies, such as unemployment insurance and progressive income taxes, that automatically adjust to moderate the ups and downs of the economy. They work to stimulate demand during a recession and restrain it during an expansion, promoting economic stability overall.

Automatic Stabilizers Work During Both Economic Recessions and Economic Expansions