本题目来源于试卷: IB Economics Unit 3.4: Macroeconomics - Monetary Policy & Fiscal Policy，类别为 IB经济学
[单选题]
Which of the following cnqmth3kzv+m3y33q xm/.-wj may result from a susw0 yx revf lmd1x(,2r*tained budget deficit?
A. A current account surplus
B. Low and stable inflation
C. High unemployment
D. Rising interest rates
参考答案: D
本题详细解析:
Budget deficits are financed through borrowing, which will ‘crowd ty+mjf8vp .)tbcc uocv63 3c) out’ private investment. Increased government borrowing makes loanable funds scarcer, driving up their price (interest rates).
Choices A, B and C are wrong, as sustained budget deficits increase AD and therefore the level of economic activity, resulting in:
decreased net exports (X-M), which move the country towards a current account deficit
increase3c .86ucvbfmt j)tcvp3yo)+ c d inflation
decreased unemployment
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