If the full-employment GDP for the above economy is at L, the:
A)actual budget will entail a deficit.
B)cyclically adjusted budget will entail a deficit.
C)actual budget will entail a surplus.
D)cyclically adjusted budget will entail a surplus.

Question

If the full-employment GDP for the above economy is at L, the:
A)actual budget will entail a deficit. 
B)cyclically adjusted budget will entail a deficit. 
C)actual budget will entail a surplus. 
D)cyclically adjusted budget will entail a surplus.

Quizplus · Accepted Answer

The Answer of  If the full-employment GDP for the above economy is at L, the:
A)actual budget will entail a deficit. 
B)cyclically adjusted budget will entail a deficit. 
C)actual budget will entail a surplus. 
D)cyclically adjusted budget will entail a surplus.

If the Full-Employment GDP for the Above Economy Is at L