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When the economy is at full employment?

Discuss any ideas for budgeting and planning your finances

When the economy is at full employment?

Postby jimmy99 » Mon Nov 12, 2012 9:14 pm

A) the actual and the cyclically-adjusted budgets will be equal.
B) one cannot generalize in comparing the actual and the cyclically-adjusted budgets.
C) the cyclically-adjusted budget will show a surplus and the actual budget will show a deficit.
D) the actual budget will show a surplus and the cyclically-adjusted budget will show a deficit.
jimmy99
 
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