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In macroeconomics, automatic stabilizers are features of the structure of modern government budgets, particularly income taxes and welfare spending, that act to reduce fluctuations in real GDP.
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income tax taxes multiplier recession stabilizers gdp automatic government budget expenditure also revenue would household economy deficit tends reduce generally
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Automatic stabilizer | has effect | Analysis | 0.60 | section |
| Automatic stabilizer | has effect | Congressional Budget Office | 0.60 | section |
| Automatic stabilizer | has effect | The | 0.60 | section |
| Automatic stabilizer | has effect | Great Recession | 0.60 | section |
| Automatic stabilizer | has effect | Stabilizers | 0.60 | section |
| Automatic stabilizer | has effect | In | 0.60 | section |
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