A rule of thumb for Australia is that a 1% increase in output leads automatically to a decrease in the deficit of what percentage of GDP?
A) 4.3%.
B) 2.3%.
C) 1.3%.
D) 0.3%.
E) 3.3%.

Question

Quizplus · Accepted Answer

The Answer of A rule of thumb for Australia is that a 1% increase in output leads automatically to a decrease in the deficit of what percentage of GDP?
A) 4.3%.
B) 2.3%.
C) 1.3%.
D) 0.3%.
E) 3.3%.

A Rule of Thumb for Australia Is That a 1