“The government stimulus package implemented during the recession of 2007-09 was needed since built-in stabilizers are not sufficient to...

“The government stimulus package implemented during the recession of 2007-09 was needed since built-in stabilizers are not sufficient to get the economy out of a severe economic crisis.” Comment on this statement. In your answer (1) list some built-in stabilizers in our economy, (2) explain the connection between the multiplier process and inventory adjustments, (3) explain the paradox of thrift.