The cyclical deficit is the portion of the deficit
A) that is the result of nondiscretionary government spending.
B) that would exist if the economy was at potential real GDP.
C) created by fluctuations in real GDP.
D) that is the result of discretionary government spending.
Correct Answer:
Verified
Q68: When interest income is taxed and the
Q69: Q70: An increase in taxes on labour income Q71: An example of automatic fiscal policy is Q72: The structural surplus Q74: Which of the following relationships is correct? Q75: The Laffer curve shows that increasing _ Q76: The demand- side effect of a change Q77: The structural deficit or surplus is the Q78: 
A)is legally required to be
A)Cyclical
A)actual
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