答案如下
Which of the following statements best explains how automatic stabilizers work? Even without a change in fiscal policy, automatic stabilizers tend to promote:
A) a budget surplus during a recession and a budget deficit during an inflationary boom.
B) a budget deficit during a recession but do not promote a budget surplus during an inflationary boom.
C) a budget surplus during a recession but do not promote a budget deficit during an inflationary boom.
D) a budget deficit during a recession and a budget surplus during an inflationary boom.
answer
Your answer: D was correct!
Automatic stabilizers such as unemployment compensation, corporate profits tax, and the progressive income tax run a deficit during a business slowdown but run a surplus during an economic boom. Therefore, they automatically implement countercyclical fiscal policy without the delays associated with policy changes that require legislative action.
| 
发表于 2006-3-24 15:15
| 
