Panjab City of Afghanistan for Generally speaking, assets are a form of saving (non-consumption) and help to determine the wealth of an individual or firm. autarky: when an economic system is closed to all international trade, such that domestic consumption depends solely upon domestic production. automatic stabilizers: fiscal policy instruments enacted by government to automatically affect economic activity throughout the business cycle by supporting demand during recession and restrain demand during periods of inflationary pressure. Because automatic stabilizers are already in place when GDP changes, these instruments do not require any change in government policy. average cost: the cost of the average unit of output, measured as the total economic cost divided by the number of units produced (or output). average product: the number of units produced by the average factor of production (e.g. Panjab City of Afghanistan 2016.