The high employment deficit is estimated at $100 billion.Assuming that the economy is operating below full employment and that it will not overheat during the year,

Question

Quizplus · Accepted Answer

The high employment deficit indicates that the economy is operating below full employment, which means that increasing GDP will help to reduce the deficit. However, it may not completely eliminate the deficit, as there could be other factors contributing to the shortfall. Therefore, increasing GDP will not necessarily eliminate the deficit.

The High Employment Deficit Is Estimated at $100 Billion