Explain why income tax is considered as an automatic stabiliser.

Income tax is considered an automatic stabilizer in macroeconomics because it helps stabilize the economy during economic fluctuations without the need for explicit government intervention. When the economy is in __________ ____ ____ ______ _____ ___ _______.
_________ ___ ________ ______ ________.
____ ___ _________ ________ ___ _________ __________ _______.
___ ________ ______ _________ ________ ______.
_____ _______ _____ ____ __________ ________ ___ _______ __________ ___.
_____ ______ _______ ___ _______ ________ ______ _________ ______.
________ ______ ___ _________ ______ ____ _________ ____ __________ _______.
___ _______ _______ _____ __________ __________ ____.
_________ __________ _______ ______ _________ _______ _________ ______ _______ __________.
________ __________ ____ ____ __________ ________ ________ ____ __________ ______ _________.
____ ______ __________ _____ ___.
________ ___ _________.
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