答案如下
Most economists today accept all of the following elements of discretionary fiscal policy EXCEPT:
A) Changes in discretionary fiscal policy are difficult to time properly, making its usefulness highly questionable. B) During normal times, higher real interest rates and/or higher expected future taxes substantially dampen the stimulative effects of expansionary fiscal policy. C) Automatic stabilizers reduce the size of fluctuations in aggregate demand and direct the economy toward full employment. D) Stimulative fiscal policy increases interest rates in the home country, resulting in increased exports and decreased imports
answer
Your answer: D was correct! While most economists today do believe that stimulative fiscal policy will increase interest rates, they do not agree that higher interest rates in the home country result in increased exports and decreased imports. On the contrary, higher interest rates in the home country result in decreased exports and increased imports. |