Solve it correctly please. I If the overall public deficit is 4% GDP and the structural deficit is 2% GDP, thenA) The deficit generated by the business cycle is 2% GDPBThe deficit generated by the business cycle is 4.2% GDPThe deficit generated by the business cycle is 5% GDPD The deficit generated by the business cycle is 6% GDP

The deficit which tends to occur when expenses tend to exceed revenues is known as the budget…

If the overall public deficit is 4% GDP and the structural deficit is 2% GDP, then A The deficit generated by the business cycle is 2% GDP The deficit generated by the business cycle is 4.2% GDP (C) The deficit generated by the business cycle is 5% GDP (D) The deficit generated by the business cycle is 6% GDP

If the overall public deficit is 4% GDP and the structural deficit is 2% GDP, then A The deficit generated by the business cycle is 2% GDP The deficit generated by the business cycle is 4.2% GDP (C) The deficit generated by the business cycle is 5% GDP (D) The deficit generated by the business cycle is 6% GDP

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 4.9P

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