Cyclical deficit/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> That part of a budget deficit that is attributable to a temporary departure of national output from its trend, and which ceases when trend output g...) |
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Latest revision as of 15:57, 30 October 2010
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Cyclical deficit [r]: That part of a budget deficit that is attributable to a temporary departure of national output from its trend, and which ceases when trend output growth resumes.