The structural deficit is the deficit
A) during a recession.
B) that would occur at full employment.
C) caused by the business cycle.
D) during an expansion.
Correct Answer:
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Q197: Because of automatic stabilizers, when GDP fluctuates
Q198: If the economy falls into a recession,
Q199: The income tax system
A) enlarges movements in
Q200: The government's fiscal policy includes automatic stabilizers
Q201: Induced taxes during recessions and during expansions.
A)
Q203: The size of the government expenditure multiplier
Q204: Induced taxes and needs- tested spending the
Q205: When the economy grows, increase because real
Q206: The structural surplus is the surplus
A) caused
Q207: The government budget deficit tends to decline
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