[CFA模拟真题] 2006 CFA Level I －NO79 policy, likely, include, exactly, face

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19．An expansionary fiscal policy is most likely to include a(n):

Select exactly 1 answers from the following:
A. increase in both government expenditures and tax rates.
B. decrease in both government expenditures and tax rates.
C. increase in government expenditures and a decrease in tax rates.
D. decrease in government expenditures and an increase in tax rates.
答案和详解如下！
Feedback: Correct answer: C

Economics: Private and Public Choice, 10th edition, James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David A. Macpherson (South-Western, 2003), pp. 269?71

2006 Modular Level I, Vol. II, pp. 29-31

Study Session 4-15-a

explain the process by which, according to the Keynesian view, fiscal policy affects aggregate demand and aggregate supply

 

An expansionary fiscal policy means that government increases its purchases of goods and services and/or cuts tax rates to expand or create a budget deficit.

redway

c

kristinejb

3

zyx8318

[em03]

pippi

51

nadia

c

oasising

a

liaoyunhe

c

robodog

c

chouccy

easy question.......