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标题: 2008 CFA Level 1 - Sample 样题(3)-Q26 [打印本页]

作者: 3975    时间: 2008-11-5 16:39     标题: 2008 CFA Level 1 - Sample 样题(3)-Q26

26Challenges 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.

 


作者: 3975    时间: 2008-11-5 16:40

答案和详解如下:

26Correct 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.


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