question archive If the standardized deficit, as a percentage of GDP, is zero in one year, and 1 percent of GDP the next year, it can be concluded that: A
If the standardized deficit, as a percentage of GDP, is zero in one year, and 1 percent of GDP the next year, it can be concluded that: A
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If the standardized deficit, as a percentage of GDP, is zero in one year, and 1 percent of GDP the next year, it can be concluded that:
A. Fiscal policy is expansionary
B. Fiscal policy is contractionary
C. The Federal government is borrowing money
D. The Federal government is lending money
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