In December 2012 the structural deficit was $325 billion and the cyclical deficit was $700 billion. That means that the actual budget deficit equaled ________ billion.
A) $1,025
B) $375
C) $700
D) None of the above answers are correct.

Question

Quizplus · Accepted Answer

The actual budget deficit is the sum of the structural deficit and the cyclical deficit, which equals $325 billion + $700 billion = $1,025 billion.

In December 2012 the Structural Deficit Was $325 Billion and the Cyclical