CIMA BA1 Question Answer
Which of the following are known as automatic stabilizers because they tend to reduce the fluctuations in economic activity associated with the business cycle?
(i). Progressive income taxes
(ii). Unemployment benefits
(iii). Means-tested welfare benefits
(iv). Regressive taxation
CIMA BA1 Summary
- Vendor: CIMA
- Product: BA1
- Update on: Jul 28, 2025
- Questions: 468
