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Economic management — Question 17

Original QCE Vault practice · 1 mark

Q17 · Practice questionSimple familiar1 mark

QUESTION 17

A budget remains in deficit after the effects of the economic cycle have been removed. This indicates

(A)
a structural deficit.
(B)
only a temporary cyclical deficit.
(C)
a guaranteed expansion in real GDP.
(D)
a budget that cannot ever return to surplus.
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