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Author Question: If the economy's full-employment output is $12 trillion, actual output is $12 trillion, and the ... (Read 36 times)

clippers!

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on: Apr 19, 2019

Question 1

If the economy's full-employment output is $12 trillion, actual output is $10 trillion, and the budget deficit is $2 trillion, the deficit in this case is known as a


◦ natural employment deficit.
◦ cyclical deficit.
◦ structural deficit.
◦ debt deficit.

Question 2

If the economy's full-employment output is $12 trillion, actual output is $12 trillion, and the budget deficit is $40 billion, the deficit in this case is known as a


◦ natural employment deficit.
◦ cyclical deficit.
◦ structural deficit.
◦ fiscal deficit.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by clippers! on Apr 19, 2019

emsimon14

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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clippers!

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Reply 2 on: Apr 19, 2019
Excellent

T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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