中等ECON-FISC-004
Unemployment benefits rise in a slump and fall in a boom under existing rules. This:
A. Is crowding out, because benefits are government borrowing
B. Is counted as G, government purchases, in AD = C + I + G + X − M
C. Supports household spending in the downturn without a new policy vote✓ 答案
D. Requires the HKMA to sell US dollars at 7.75
解說
The benefit rule is an automatic stabiliser: transfers move with unemployment and dampen the cycle. Transfers raise disposable income; they are not themselves government purchases of goods and services. The strong-side rate of 7.75 is not a fiscal instrument.