cyclical deficit
noun [ C ]
ECONOMICS ukusthe amount by which a government’s spending is more than it receives in taxes at a time when the economy is not performing well
Compare
structural deficit
| 单词 | cyclical deficit |
| 释义 | cyclical deficit noun [ C ] ECONOMICS ukusthe amount by which a government’s spending is more than it receives in taxes at a time when the economy is not performing well Compare structural deficit |
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