The cyclically-adjusted budget estimates the Federal budget deficit or surplus if:

Name: The cyclically-adjusted budget estimates the Federal budget deficit or surplus if:
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Question

Quizplus · Accepted Answer

The cyclically-adjusted budget estimates the budget deficit or surplus at full employment, which means all available resources in the economy are being utilized. Therefore, option B is the correct answer. Options A, C, and D do not relate to the concept of the cyclically-adjusted budget.

The Cyclically-Adjusted Budget Estimates the Federal Budget Deficit or Surplus