A cyclical deficit is the portion of the deficit that exists when:. 1. inflation is fully anticipated. 2. the economy is below potential income. 3. inflation is not fully anticipated. 4. the economy is at potential income.

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?