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Business, 02.04.2021 02:20 jenn8055

Which of the following are examples of automatic stabilizers? Check all that apply. As corporate profits rise during an economic expansion, corporate income tax revenues rise. As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates. As unemployment falls during an expansion, unemployment insurance payments decline. In 2001, partly in response to a recession, Congress enacted lower income tax rates and increased tax exemptions for married couples.

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Which of the following are examples of automatic stabilizers? Check all that apply. As corporate pro...
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