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Progessive taxation is an example of a(n):A:discretionary stabilizer,B:atuomatic stabilizer,C:seasoD?


A:discretionary stabilizer,
B:atuomatic stabilizer,
C:seasonal stabilizer
D:none of the above

b. An automatic stablizer.

A progressive tax is an automatic stabilizer in the sense that if a person were to suffer a decrease in wages due to a recession then the money regained by being in a lower tax bracket lessens this blow.

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