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Other Fields Homework Help Economics Topic started by: Gideon123 on Apr 28, 2019



Title: Assume that in Atlantis the actual deficit is $200 billion. If Atlantis were at full employment, the ...
Post by: Gideon123 on Apr 28, 2019

Question 1.

If the economy's full-employment output is $9 trillion, actual output is $9 trillion, and the budget deficit is $20 billion, the deficit in this case is known as a



▸ natural employment deficit.

▸ cyclical deficit.

▸ structural deficit.

▸ fiscal deficit.

Question 2.

Assume that in Atlantis the actual deficit is $200 billion. If Atlantis were at full employment, the deficit would be $50 billion. The structural deficit in Atlantis is



▸ $50 billion.

▸ $100 billion.

▸ $150 billion.

▸ $200 billion.


Title: Assume that in Atlantis the actual deficit is $200 billion. If Atlantis were at full employment, the ...
Post by: jaded 7 on Apr 28, 2019
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Title: Assume that in Atlantis the actual deficit is $200 billion. If Atlantis were at full employment, the ...
Post by: Gideon123 on Apr 28, 2019
This helped my grade so much


Title: Assume that in Atlantis the actual deficit is $200 billion. If Atlantis were at full employment, the ...
Post by: jaded 7 on Apr 28, 2019
:okay: