A structural deficit occurs when the government budget has a deficit
A) even though real GDP is less than potential GDP.
B) that is nominal, as opposed to a real budget deficit.
C) even though real GDP is equal to potential GDP.
D) even though real GDP is greater than structural GDP.
Correct Answer:
Verified
Q154: Q156: Which of the following relationships is correct? Q226: The structural deficit is that deficit that Q227: Q229: If the economy has a structural deficit Q230: A structural deficit is a deficit that Q232: The actual budget deficit is equal to Q233: A cyclical surplus is a Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)
A) budget surplus
