A Cyclical Deficit Occurs When

question 65

Multiple Choice

A cyclical deficit occurs when

• A)government outlays are greater than revenues.
• B)government outlays are less than revenues.
• C)there is a deficit due to the fact real GDP is greater than potential GDP.
• D)there is a deficit due to the fact real GDP is less than potential GDP.
• E)there is a deficit even when real GDP equals potential GDP.

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To replicate or copy someone else's actions, designs, or ideas, often as a form of learning or tribute.

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