25. assertion (a): there is automatic change in net tax revenue when level of output changes. reason (r): automatic stabilizers moderate aggregate spending in t

25. Assertion (A): There is automatic change in net tax revenue when level of output changes. Reason (R): Automatic stabilizers moderate aggregate spending in times of boom and slow down Codes (1) Both (A) and (R) are correct and (R) is the correct explanation of (A) (2) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (3) (A) is true but (R) is false (4) (A) is false but (R) is true