Cyclical deficit/Definition

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< Cyclical deficit
Revision as of 14:57, 30 October 2010 by 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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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.