The structural surplus
A) is legally required to be positive.
B) equals the actual surplus plus the cyclical surplus.
C) is the government budget surplus that would exist if the economy was at potential GDP.
D) is, by definition, equal to the negative of the cyclical deficit.
Correct Answer:
Verified
Q67: If the government runs a deficit, the
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 Q73: The cyclical deficit is the portion of 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
A)Cyclical
A)actual
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