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Refer to the Diagram Below

Question 208

Multiple Choice

Refer to the diagram below.If the full employment level of GDP for this economy is at H, the: Refer to the diagram below.If the full employment level of GDP for this economy is at H, the: A) cyclically adjusted budget will produce a surplus. B) cyclically adjusted budget will produce a deficit. C) actual budget will produce a deficit. D) actual budget will produce a surplus.


A) cyclically adjusted budget will produce a surplus.
B) cyclically adjusted budget will produce a deficit.
C) actual budget will produce a deficit.
D) actual budget will produce a surplus.

Correct Answer:

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