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.

Question

13-06-2024
Business

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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.

Sagot :

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