We have already dealt with the implications of these shocks when we discussed the effect of monetary and fiscal policies under flexible exchange rates. 我們在論述變動(dòng)匯率下的貨幣政策和財政政策的作用時(shí)，已述及這些沖擊的實(shí)質(zhì)。
Equity markets generally welcomed cuts in capital gains tax and on savings, and an expansionary fiscal policy helped cushion the blow after the bursting of the dotcom bubble. 股市對資本收益稅和儲蓄的減少基本持歡迎態(tài)度，而擴張型財政政策緩和了網(wǎng)絡(luò )泡沫破滅的沖擊。
