The cyclically adjusted budget is also called the:
A. actual budget.
B. administrative budget.
C. cyclical budget.
D. full-employment budget.
Answer: D
You might also like to view...
What is the real interest rate if the nominal interest rate is 7 percent and the expected inflation rate is 7 percent?
If Italy can produce grapes at a lower opportunity cost than any other nation, Italy is said to have a(n) ________ in the production of grapes
A) comparative disadvantage B) autarky C) comparative advantage D) absolute advantage
Refer to Table 1-4. What is Eva's marginal cost if she decides to stay open for two hours instead of one hour?
A) $12 B) $24 C) $36 D) $71
Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are
A. sticky prices. B. administered prices. C. market prices. D. regulatory prices.