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How does the use of time influence communication?
Automatic Stabilizer
Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action, such as progressive tax rates and unemployment benefits.
Government Purchases
Expenditures by government bodies on goods and services that directly absorb resources or services and are part of government consumption expenditure and gross investment.
Net Taxes
The difference between the total amount of taxes collected by the government and any transfers or subsidies it pays out.
Spending Multiplier
A concept in economics that quantifies the impact of a change in fiscal policy on the overall economy, indicating how an initial change in spending leads to a larger change in income and output.
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