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QUESTION 19 The cyclical deficit is the portion of the deficit created by business cycle fluctuations in GDP. that is the res

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Answer #1

a) "A"

The cyclical deficit in the market will occur due to the fluctuation in the business cycle. the answer is "A".

b) "C"

A subsidy will shift the supply curve to the right in the market that will decease the price and increase the consumption.

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