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Exhibit 26-1 -According to Exhibit 26-1, When Real GDP Equals Potential GDP

Question 77

Multiple Choice

Exhibit 26-1 Exhibit 26-1 -According to Exhibit 26-1, when real GDP equals potential GDP, A) the cyclical budget is less than the structural budget. B) there is a budget deficit. C) the budget is balanced. D) there is a budget surplus. E) the cyclical budget is greater than the structural budget.
-According to Exhibit 26-1, when real GDP equals potential GDP,


A) the cyclical budget is less than the structural budget.
B) there is a budget deficit.
C) the budget is balanced.
D) there is a budget surplus.
E) the cyclical budget is greater than the structural budget.

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