The structural deficit or surplus is the
A) government budget deficit or surplus that would occur if the economy were at potential GDP.
B) difference between actual government outlays and actual government receipts.
C) change in national debt that will result from current budgetary policies.
D) actual government budget deficit or surplus minus expenditures for capital improvements.
Correct Answer:
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Q207: The government budget deficit tends to decline
Q208: The structural surplus
A) is, by definition, equal
Q209: Government transfer payments during expansions and during
Q210: During an expansion, tax revenues _, while
Q211: Induced taxes
A) are autonomous.
B) vary with real
Q213: Which one of the following statements about
Q214: Spending on programs that result in transfer
Q215: In general, the relationship between the business
Q216: Historically, the budget deficit has tended to
A)
Q217: Which of the following is true regarding
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