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The structural deficit is the deficit that occurs when

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The structural deficit is the deficit that occurs when

The structural deficit is the deficit that occurs when
A) aggregate demand is greater than short-run aggregate supply.
B) short-run aggregate supply is greater than aggregate demand.
C) real GDP departs from potential GDP.
D) real GDP equals potential GDP.

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

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vellojo Author

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7 years ago

Thank you for this

Comes at the right time too!

Good luck on your exams

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Studying economics @ Edinburgh U

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