The cyclical deficit is the portion of the deficit
A) that is the result of nondiscretionary federal spending.
B) created by fluctuations in real GDP.
C) that does not add to the national debt.
D) that is the result of discretionary federal spending.
E) that would exist if the economy were at full employment.
Correct Answer:
Verified
Q35: If the structural deficit is $800 billion
Q36: If a tax cut increases aggregate demand
Q37: Ignoring any supply-side effects, to close an
Q38: If government expenditure increases by $200 billion
Q39: If government expenditures on goods and services
Q41: A cut in the income tax rate
Q42: In order to reduce inflationary pressure on
Q43: A tax cut that increases the budget
Q44: The last U.S. president to be in
Q45: ![]()
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