The income tax system serves as an automatic stabilizer over the course of the business cycle. (True or false?)

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The income tax system serves as an automatic stabilizer over the course of the business cycle. (True or false?)

The income tax system serves as an automatic stabilizer over the course of the business cycle.
True or false?

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Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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