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    Macroeconomics Study Set 43
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    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
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    Economists Refer to a Budget Deficit Which Exists When the Economy
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Economists Refer to a Budget Deficit Which Exists When the Economy

Question 100

Question 100

Multiple Choice

Economists refer to a budget deficit which exists when the economy is achieving full employment as a:


A) cyclical deficit.
B) surplus in the full-employment budget.
C) natural deficit.
D) cyclically adjusted deficit.

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