Cyclical budget balance, Cyclical budget balance of the US

Cyclical budget balance

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Reference no: EM13836931

Cyclical budget balance of the US government explains what should be the budget situation over the expected business cycle of the US economy. Therefore, cyclical budget balance =

A. actual budget balance - structural budget balance

B. actual budget balance + structural budget balance

C. actual budget balance/structural budget balance

D. actual budget balance x structural budget balance

Reference no: EM13836931

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