The cyclically adjusted budget deficit for the United States:
A. rose to -7.1 percent of potential GDP in 2009 but has since declined.
B. was zero in 2009, but the cyclical deficit created by the recession was -7.1 percent of
potential GDP.
C. changed to a surplus in 2009.
D. rose to -10.1 percent of potential GDP in 2009 but has since declined.
A. rose to -7.1 percent of potential GDP in 2009 but has since declined.
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