The Cyclically Adjusted Surplus as a Percentage of GDP Is

question 222

Multiple Choice

The cyclically adjusted surplus as a percentage of GDP is 1 percent in Year 1.This surplus becomes a deficit of 2 percent of GDP in Year 2.It can be concluded that from Year 1 to Year 2,

• A)fiscal policy turned more expansionary.
• B)fiscal policy turned more contractionary.
• C)GDP increased.
• D)GDP decreased.

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Definitions:

Fovea

A small depression in the retina of the eye where visual acuity is highest due to the concentration of cones.

Visual Processing

The ability of the brain to interpret and make sense of visual information from the eyes, including recognizing shapes, colors, and movement.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light images into nerve signals that are sent to the brain.

Myopia

A vision condition also known as nearsightedness, where objects nearby are seen clearly but distant objects appear blurred.