+1 862 207 3288 The term Automatic Stabilizer is defined as the economic policy or a program that is generated by the present economic activity of our nation without including the government and other individual factors such as policymakers. These are the elements that belong to the fiscal policy that can be used to reduce the burden of tax on people as the stabilizers provide an alternative method for the replacement of the process when the unemployment rises from a limit immediately. In simple words, it is explained as the change that takes place automatically in order to stabilize the changes that occur in GDP. It is defined by the authors, Cohen and follete.
