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Give Examples of 'Automatic Stabilisers

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Essay

Give examples of 'automatic stabilisers'. Explain how automatic stabilisers work when there is an economic boom.
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Definitions:

Stimulus-response Model

A communication or behavioral theory suggesting that an external stimulus can elicit a particular response from an individual or audience.

Sales Presentation

A promotional talk or demonstration given to introduce or describe a product or service to potential buyers, aiming to persuade them to make a purchase.

Black Box

A system or device where the inputs and outputs are known, but the internal workings are not visible or easily understood.

FAB Sequence

A sales technique focusing on Features, Advantages, and Benefits of a product, aimed at highlighting its uniqueness and importance to the customer.

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