Full employment deficit/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> the budget deficit after adjustments to exclude recession-induced increases in expenditure and reductions in revenues - in other words, the deficit th...) |
imported>Nick Gardner No edit summary |
||
Line 1: | Line 1: | ||
<noinclude>{{Subpages}}</noinclude> | <noinclude>{{Subpages}}</noinclude> | ||
the budget deficit after adjustments to exclude recession-induced increases in expenditure and reductions in revenues - in other words, the deficit that would have existed if the economy had been at full employment. | the ''budget deficit'' after adjustments to exclude recession-induced increases in expenditure and reductions in revenues - in other words, the deficit that would have existed if the economy had been at full employment (also known as "cyclically-adjusted budget ''). |
Revision as of 09:17, 19 March 2009
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.
Full employment deficit [r]: the budget deficit after adjustments to exclude recession-induced increases in expenditure and reductions in revenues - in other words, the deficit that would have existed if the economy had been at full employment (also known as "cyclically-adjusted budget ).