Multiple Choice
The cyclically adjusted budget deficit for the United States
A) rose to −7.6 percent of potential GDP in 2009 but has since declined.
B) was zero in 2009, but the cyclical deficit created by the recession was −7.6 percent of potential GDP.
C) changed to a surplus in 2009.
D) rose to −10.1 percent of potential GDP in 2009 but has since declined.
Correct Answer:
Verified
Related Questions
Q99: Q100: Since 2002, the United States has had Q101: Which of the following did not contribute Q102: Since 2009, when actual budget deficits were
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents