Question
Evaluating the status of fiscal policy requires comparing the sizes of adjustments in budget deficits and surpluses according to the level of Blank______.
Multiple choice question.
potential GDP
national debt
real GDP
foreign debt
Multiple choice question.
potential GDP
national debt
real GDP
foreign debt
Answers
GPT-4o mini
The correct answer is **potential GDP**.
Evaluating the status of fiscal policy often involves examining budget deficits and surpluses in relation to potential GDP, as this helps determine whether the fiscal stance is appropriate given the economy's capacity to grow.
Evaluating the status of fiscal policy often involves examining budget deficits and surpluses in relation to potential GDP, as this helps determine whether the fiscal stance is appropriate given the economy's capacity to grow.