The structural deficit or surplus is the
A) actual government budget deficit or surplus minus expenditures for capital improvements.
B) government budget deficit or surplus that would occur if the economy were at potential GDP.
C) change in national debt that will result from current budgetary policies.
D) difference between actual government outlays and actual government receipts.
Correct Answer:
Verified
Q72: The structural surplus
A)is legally required to be
Q73: The cyclical deficit is the portion of
Q74: Which of the following relationships is correct?
A)Cyclical
Q75: The Laffer curve shows that increasing _
Q76: The demand- side effect of a change
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