The actual budget deficit is equal to the
A) structural deficit minus the cyclical deficit.
B) structural deficit plus the cyclical deficit.
C) cyclical deficit minus the structural deficit.
D) cyclical deficit.
E) structural deficit.
B
Economics
You might also like to view...
If a production possibilities frontier is bowed out (concave to the origin), then production occurs under conditions of
A) constant opportunity costs. B) increasing opportunity costs. C) decreasing opportunity costs. D) infinite opportunity costs. E) uncertain opportunity costs.
Economics
______ refers to the output level at which average cost is lowest.
A. Interior solution B. Economies of scope C. Economies of scale D. Efficient scale of production
Economics