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If Real GDP Equals C in the Diagram Below

Question 114

Multiple Choice

If real GDP equals C in the diagram below, If real GDP equals C in the diagram below,   A) distance df represents a budget surplus. B) distance de represents a budget surplus. C) there is a structural surplus. D) there is a structural deficit. E) distance de represents a cyclical surplus.


A) distance df represents a budget surplus.
B) distance de represents a budget surplus.
C) there is a structural surplus.
D) there is a structural deficit.
E) distance de represents a cyclical surplus.

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