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    Economics Principles and Policy Study Set 2
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    Exam 32: Budget Deficits in the Short and Long Run
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    When Will the Difference Between the Actual Deficit and the Structural
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When Will the Difference Between the Actual Deficit and the Structural

Question 107

Question 107

Multiple Choice

When will the difference between the actual deficit and the structural deficit be the smallest?


A) In a major recession
B) Below the natural rate of unemployment
C) At full employment
D) In an inflationary gap

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