Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Suppose that in 1969, the U.S. economy was operating close to potential. The budget deficit experienced by the United States in 1969 was:
a.not cyclical, but was rather a structural deficit
b.primarily cyclical deficits
c.neither structural nor cyclical deficits.
d.about evenly split between structural and cyclical deficits.