中等ECON-FISCA-007
If Hong Kong enters a recession, automatic stabilizers will cause the budget balance to move toward:
A. A larger surplus
B. A smaller surplus or deficit✓ 答案
C. No change as HK has no automatic stabilizers
D. A surplus due to falling interest payments
解說
Automatic stabilizers: in recession, tax revenue falls (progressive tax) and transfer payments rise (unemployment benefits, CSSA), moving budget toward deficit. HK has progressive salaries tax and comprehensive social security.