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

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

floral design