The advantage of automatic stabilizers over discretionary fiscal policy is that automatic stabilizers

Question

Quizplus · Accepted Answer

Automatic stabilizers do not require overt action by policymakers because they are built into the tax and transfer systems, and are activated automatically as economic conditions change. Discretionary fiscal policy, on the other hand, requires active decision making and action by policymakers. This makes automatic stabilizers more effective in responding quickly to economic fluctuations.

The Advantage of Automatic Stabilizers Over Discretionary Fiscal Policy Is