If the economy is producing less than its potential GDP, _____________________ will show a larger deficit than the actual budget.
A. discretionary fiscal policy
B. the automatic stabilizers
C. the standardized employment budget
D. expansionary fiscal policy
Answer:C
If the economy is producing less than its potential GDP, _____________________ will show a larger deficit than the actual budget.
A. discretionary fiscal policy B. the automatic stabilizers C. the standardized employment budget D. expansionary fiscal policy
Explanation: Type: Multiple Choice