A structural deficit is a deficit that exists _ .
A) during a business cycle expansion
B) even if the economy is at full employment
C) only because real GDP is less than potential GDP
D) only during a recession
Correct Answer:
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Q154: Q156: Which of the following relationships is correct? Q225: Q226: The structural deficit is that deficit that Q227: Q229: If the economy has a structural deficit Q231: A structural deficit occurs when the government Q232: The actual budget deficit is equal to Q233: A cyclical surplus is a Q234: 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
