The standardized deficit is the difference between annual government expenditures and tax revenues that would have occurred if the economy was: A. In a recession B. At full employment C. At the peak of a business cycle D. At the trough of the business cycle
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Home » Business » The standardized deficit is the difference between annual government expenditures and tax revenues that would have occurred if the economy was: A. In a recession B. At full employment C. At the peak of a business cycle D.