Which of the following statements is false?
(a) Automatic stabilisers reduce the impact of economic shocks that arise from cyclical fluctuations.
(b) Automatic stabilisers are deliberately put in place by government e.g. increase in jobseekers allowance.
(c) Automatic stabilisers "kick in" when required and do not require deliberate action by government at the time of the economic shock.
(d) All of the above are false.
Answer: (a) Automatic stabilisers reduce the impact of economic shocks that arise from cyclical fluctuations.
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