If the full-employment GDP for the economy is at L, then we can say with certainty that the
A) actual budget will have a deﬁcit.
B) cyclically adjusted budget will have a deﬁcit.
C) actual budget will have a surplus.
D) cyclically adjusted budget will have a surplus.

Question

If the full-employment GDP for the economy is at L, then we can say with certainty that the
A) actual budget will have a deﬁcit. 
B) cyclically adjusted budget will have a deﬁcit. 
C) actual budget will have a surplus. 
D) cyclically adjusted budget will have a surplus.

Quizplus · Accepted Answer

The Answer of  If the full-employment GDP for the economy is at L, then we can say with certainty that the
A) actual budget will have a deﬁcit. 
B) cyclically adjusted budget will have a deﬁcit. 
C) actual budget will have a surplus. 
D) cyclically adjusted budget will have a surplus.

If the Full-Employment GDP for the Economy Is at L