The amount the government budget deficit would be if the economy were at full employment is known as the
a. primary deficit.
b. natural deficit.
c. current deficit.
d. full-employment deficit.
Answer: D
The amount the government budget deficit would be if the economy were at full employment is known as the
a. primary deficit.
b. natural deficit.
c. current deficit.
d. full-employment deficit.
Answer: D