The structural deficit or surplus is the
A) difference between actual government outlays and actual government receipts.
B) actual government budget deficit or surplus minus expenditures for capital improvements.
C) change in national debt that will result from current budgetary policies.
D) government budget deficit or surplus that would occur if the economy were at potential GDP.
Correct Answer:
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Q129: A structural deficit occurs when the government
Q130: When an economy is above full employment
Q131: The structural deficit is the deficit
A) caused
Q132: The structural deficit is the deficit that
Q133: The government budget deficit tends to decrease
Q135: The cyclical deficit is the portion of
Q136: The structural surplus
A) is, by definition, equal
Q137: The structural deficit is that deficit that
Q138: If the economy falls into a recession,
Q139: Automatic fiscal policy is at work if,
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