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If the Full-Employment GDP for the Economy Is at L

Question 310

Multiple Choice

  If the full-employment GDP for the economy is at L, then we can say with certainty that the A)  actual budget will have a deficit. B)  cyclically adjusted budget will have a deficit. C)  actual budget will have a surplus. D)  cyclically adjusted budget will have a surplus. If the full-employment GDP for the economy is at L, then we can say with certainty that the


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

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