Examlex
Examples of automatic stabilizers are (choose one)
State and Local Governments
Regional governmental bodies within a country that are responsible for the governance of their specific areas, handling regional laws and regulations.
Surplus
The situation in which the quantity of a good or service supplied exceeds the quantity demanded at the current price.
Federal Personal Income Tax
A tax levied by the federal government on individuals' income, with rates varying based on income levels and filing status.
Top Bracket
Refers to the highest category or class, often in the context of income tax, where individuals or entities are taxed at the highest applicable rate.
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