The cyclical deficit is that portion of the deficit | Faculties

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Ranjeet

🎓 Tutor III ⭐ 34.60K Points

📊 Managerial Economics

Q. The cyclical deficit is that portion of the deficit

(A) That results form the economy being below the natural rate of output
(B) That would exist even if the economy were at its natural rate of output
(C) Is a function of the level of automatic stabilizers
(D) Both a & c

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✅ Correct Answer: (D) Both a & c

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