Suppose That the Economy Has a Structural Surplus of $100

question 75

Multiple Choice

Suppose that the economy has a structural surplus of $100 billion and is operating above potential output. From this we can infer that the budget as a whole:

• A)is in deficit.
• B)is balanced.
• C)is in surplus.
• D)could be in deficit or surplus depending on the size of the cyclical deficit.

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Definitions:

Tissue Samples

Small portions of tissue taken from the body for the purposes of examination or diagnosis.

Colonoscopy

A medical examination procedure in which a long, flexible camera (colonoscope) is used to view the inner lining of the colon and rectum.

Diverticulosis

The condition of having diverticula in the colon, which are small bulges or pouches that can form in the digestive tract wall.

GI Tract

The gastrointestinal tract, an organ system responsible for transporting and digesting foodstuffs, absorbing nutrients, and expelling waste.