What is a built-in stabilizer?

What is a built-in stabilizer? How do the built-in stabilizers work to reduce rises and falls in the level of nominal GDP?

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What is a built-in stabilizer? How do the built-in stabilizers work to reduce rises and falls in the level of nominal GDP?

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Cecilia Toledo, MA

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Active since 2013

BA, University of Toronto

MA, University of Toronto

Responses 257

Comments on Cecilia's work:

"thank you Cecelia, because I didnt understand the whole concept, thank you for making it clearer."

"thank you"

"The feedback is excellent and I read all the material. After that my guess is that the answer is True but I want to be sure and now I won't know unless I get it wrong on my homework. Then I will have to come back and submit the question again and ask why?"

"Thank you for your assistance. Did you also review the second attachment with answers?"

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