The Cyclically Adjusted Surplus as a Percentage of GDP Is

question 145

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:

Preconception Counseling

Professional guidance provided to individuals or couples about improving their health in anticipation of conceiving a child.

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A form of hemoglobin measured to identify the average plasma glucose concentration over prolonged periods; a key marker in diabetes management.

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A chronic condition characterized by high levels of sugar in the blood due to the body's inability to produce or effectively use insulin.

Laboratory Test

A medical procedure that involves the examination of samples taken from the body (blood, urine, tissues, etc.) to assess health, diagnose diseases, or monitor medical conditions.