During most of the years of the Great Depression,the actual federal budget was in ________,and the cyclically adjusted budget was in ________.
A) deficit; surplus
B) surplus; surplus
C) deficit; deficit
D) surplus; deficit
Correct Answer:
Verified
Q221: The federal government debt as a percentage
Q222: The cyclically adjusted budget deficit calculates the
Q223: If the federal government's expenditures are less
Q224: Suppose that the federal budget is balanced
Q225: The automatic budget surpluses and budget deficits
Q227: Which of the following is a reason
Q228: During recessions,government expenditure automatically
A)falls because of programs
Q229: If the federal budget has an actual
Q230: In recent economic history,the U.S.federal budget was
Q231: An economic expansion tends to cause the
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