In 2001-2002, the fast food industry underwent tremendous growth

When bad storms slow the check-clearing process, float tends to ________ causing the Fed to initiate defensive open market ________

A) decrease; sales B) decrease; purchases C) increase; sales D) increase; purchases

First, define and explain the cyclically adjusted deficit. Second, explain what effect a recession caused, for example, by a reduction in consumer confidence will have on the size of the cyclically adjusted deficit

What will be an ideal response?