The role of the progressive tax system as an autonomous fiscal stabilizer requires that the budget | Faculties

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📊 Managerial Economics

Q. 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

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✅ Correct Answer: (B) Should go into a surplus at appropriate points in the business cycle.

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