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What is Automatic Stabilisers

Those elements of the tax and spending regime that automatically tend to stabilise the economy. For example, during an upturn, unemploymehttp://www.scopulus.co.uk/businessjargonadmin/add_news.php hotnewsnt benefit payments will tend to fall and tax receipts to rise, dampening the economic cycle.

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Term created / updated 2007-03-20 22:37:34

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