The cyclical deficit
A) exceeds the structural surplus.
B) is a persistent economic phenomenon.
C) is an accumulation of the government debt.
D) occurs when the economy is at full employment.
E) arises because real GDP does not equal potential GDP.
Correct Answer:
Verified
Q39: Consider all the effects of fiscal policy.A
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A)decreases the supply
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Q47: If the economy is in a recession,
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A)that would
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