Multiple Choice
The table below shows the cyclically-adjusted budget deficit as a percentage of GDP over a five-year period.
Refer to the information above. In which year was fiscal policy turning more expansionary?
A) Year 2
B) Year 3
C) Year 4
D) Year 5
Correct Answer:
Verified
Related Questions
Q52: The cyclically-adjusted budget estimates the Federal budget
Q53: In Year 1, the actual budget deficit