MCQOPTIONS
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| 1. |
The role of the progressive tax system as an autonomous fiscal stabilizer requires that the budget |
| A. | Should require actual deficits be equal to zero on average |
| B. | Should go into a surplus at appropriate points in the business cycle. |
| C. | Cannot have a structural deficit component |
| D. | Both a & b |
| Answer» C. Cannot have a structural deficit component | |