The economy has been compared to a supertanker on the ocean to make the point that
A)the larger the economy,the less it is influenced by other economies (the weather).
B)it takes time for a policy change to overcome the economy's momentum and change its direction (as in steering an immense ship).
C)a random shock affects all parts of the economy in the same way (as all of a ship rises or falls together with the waves).
D)the larger the economy,the worse it is for the rest of the world when it goes into a recession (there is enough oil in a supertanker for a spill to stretch across the ocean).

Question

Quizplus · Accepted Answer

Comparing the economy to a supertanker on the ocean conveys the idea that like a supertanker, the economy is massive, has significant momentum, and takes time to change direction. Policy changes also take time to take effect, and it is challenging to stop or reverse the economy's course once it's moving in a particular direction. Therefore, option B is the best choice. Options A, C, and D are incorrect because they do not accurately reflect the analogy made between the economy and a supertanker.

The Economy Has Been Compared to a Supertanker on the Ocean