The data below provides the Actual and Structural Budget Deficits,as a percentage of real GDP,for Canada between 1999 and 2010.Note that a negative value in the table indicates a budget surplus.
TABLE 31-2 Refer to Table 31-2.Based on the data in the table,in which of the following years was output greater than potential?
A) 1999
B) 2004
C) 2000
D) 2008
E) 2010
Correct Answer:
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