2008 CFA Level 1 － Sample 样题(3)－Q26 include, manner, likely, face, class

3975

26、Challenges to implementing a discretionary fiscal stimulus in a timely manner are least likely to include the:

A. government payments for unemployment benefits.

B. need to convince lawmakers that action must be taken.

C. inability of policymakers to forecast a recession precisely.

D. amount of time needed for a tax cut to have an effect on the economy.

 

3975

答案和详解如下：

26、Correct answer is A

"Fiscal Policy," Michael Parkin

2008 Modular Level I, Vol. 2, pp. 451-452

Study Session 6-27-e

explain the limitations of discretionary fiscal policy, and differentiate between discretionary fiscal policy and automatic stabilizers

Unemployment compensation is a built-in stabilizer that will automatically provide stimulus when output falls and the number of unemployed workers expands.

slkly

[em02][em04]

wocaohorse

a

tancynthia

thx

sallmanns

ding

magiceden

Thanks for sharing

miyaH

a

jzhang21

xie xie

kankanbaba

[em01]