单选题 Automatic stabilizers work by:
  • A. initiating changes in monetary policy without requiring action by the central bank.
  • B. instituting counter-cyclical fiscal policy without the delays associated with policy changes that require legislative action.
  • C. adjusting interest rates without the delays associated with policy changes that require action by the central bank.
【正确答案】 B
【答案解析】Automatic stabilizers reduce economic instability because these programs are already in place and do not involve the delays associated with fiscal policymaking.