Which of the Following Relationships Is Correct

question 229

Multiple Choice

Which of the following relationships is correct?

• A) cyclical surplus = actual budget deficit - cyclical deficit
• B) cyclical deficit = actual budget deficit + structural deficit
• C) actual budget deficit = structural deficit + cyclical deficit
• D) actual budget deficit = structural deficit - cyclical deficit

---

Definitions:

Variable Input

Refers to inputs whose quantity can vary in production, affecting the total output.

Diminishing Returns

Diminishing Returns is an economic principle stating that as more investment is made in a particular area, the rate of profit from that investment, after a certain point, begins to decrease.

Total Labor Units

The total quantity of labor hours or labor efforts utilized in the production of goods or services.

Frames Per Day

A measure of productivity in animation or film production, indicating the number of frames produced in a single day.