If real GDP equals C in the diagram below,
a.
distance df represents a budget surplus.
b.
distance de represents a budget surplus.
c.
there is a structural surplus.
d.
there is a structural deficit.
e.
distance de represents a cyclical surplus.

Question

Quizplus · Accepted Answer

The Answer of If real GDP equals C in the diagram below,
a.
distance df represents a budget surplus.
b.
distance de represents a budget surplus.
c.
there is a structural surplus.
d.
there is a structural deficit.
e.
distance de represents a cyclical surplus.

If Real GDP Equals C in the Diagram Below