NO.PZ2018062003000172
问题如下:
The most likely argument against being concerned about national debt levels is that:
选项:
A.they create disincentives for economic activity.
B.they may finance investment in physical and human capital.
C.they may cause crowding out.
解释:
B is correct.
A proportion of the money borrowed may have been used for capital investment projects or enhancing human capital and these may lead to raised future output and tax revenues.
考点:Limitation of Fiscal Policy
解析: 财政政策所引发的较高负债确实有可能会拖累经济的发展,所以A选项不入选。
如果借债的财政支出是用于了投资,并且投资在了人力资本以及科技方面,那么这会加速一国的经济发展,发展产生的GDP完全足够偿付债务,所以不需要额外担心,因此B选项入选。
扩张的财政政策可能会引起市场利率的上升,阻碍私人部分的投资,这就是所谓的挤出效应,它也是不利于经济发展的。所以C选项不入选。
可否把原版书中的题贴出来?我记得做过原版书题,当时做对了,这次做错了。题目好像不是这么问的,least likely? 而且argument against 也不构成什么双重否定