The cyclical deficit is
A) the amount by which the actual government budget deficit exceeds the structural deficit.
B) the amount by which structural deficit exceeds the actual budget deficit.
C) the same as the structural deficit.
D) what the budget deficit would be if the economy were operating at the natural real GDP level.
A
Economics
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After the ban on the production and sale of alcohol ended in 1933,
a. the quality of alcohol sold declined. b. the murder rate declined. c. the profit rate for bootleg sellers of alcohol increased. d. all of the above occurred.
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