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Business, 22.12.2020 19:00 dustinquiz255

A cyclically adjusted budget balance: a. is an estimate of what the budget balance would be if real GDP were equal to potential output. b. is the same as the national debt, and it rises as interest cost is accrued. c. shows what the budget balance would be with a significant amount of cyclical unemployment. d. is a good indicator of the depreciation of the capital stock.

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A cyclically adjusted budget balance: a. is an estimate of what the budget balance would be if real...
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