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<a accesskey="3" href="page.php?w=Automatic_stabilizer&amp;p=2">3.Next</a>
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<p>In <a href="page.php?w=macroeconomics">macroeconomics</a>, <b>automatic stabilizers</b> are features of the structure of modern <a href="page.php?w=government_budget">government budget</a>s, particularly <a href="page.php?w=income_tax">income tax</a>es and <a href="page.php?w=Welfare_%28financial_aid%29">welfare spending</a>, that act to reduce fluctuations in <a href="page.php?w=real_GDP">real GDP</a>.</p>

<p>The size of the <a href="page.php?w=government_budget_deficit">government budget deficit</a> tends to increase when a country enters</p><p>
<a accesskey="3" href="page.php?w=Automatic_stabilizer&amp;p=2">3.Next</a>
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