biology daily - the biology and biochemistry encyclopedia
biology daily articles and research Encyclopedia Dictionary Forums biology research links Weblinks Pictures Articles Blogs Newsletter

Automatic stabilizer

In economics, an automatic stabilizer is a goverment policy of taxes and transfer payments that stabilize GDP without requiring policy-makers to take explicit action. Unemployment benefit is an example of an automatic stabilizer.



07-14-2008 23:18:10
The contents of this article are licensed from Wikipedia.org under the GNU Free Documentation License. How to see transparent copy
BiologyDaily.com 2005. Legal info   Privacy