Multiple Choice
If the government thinks the natural unemployment rate is 7%, when it is really 6%, then the government will:
A) underestimate the actual deficit.
B) overestimate the cyclically adjusted deficit.
C) overestimate the actual deficit.
D) underestimate the cyclically adjusted deficit.
E) underestimate the primary deficit.
Correct Answer:
Verified
Correct Answer:
Verified
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