The structural deficit is the deficit that
A) is composed by of nondiscretionary spending by the federal government.
B) results from the economy being below its natural rate of output.
C) exists when output is at its natural rate of output.
D) results from temporary tax cuts.
E) all of the above
Correct Answer:
Verified
Q25: Historically,the most important cause of government budget
Q26: A change in government spending has a
Q27: Which of the following statements is (are)correct?
A)Expansionary
Q28: According to the party cycle theory,recessions
A)will be
Q29: Assuming a simultaneous reduction in income taxes
Q31: Currently,virtually the entire deficit in the U.S.is
A)cyclical.
B)structural.
C)transitional.
D)frictional.
Q32: According to the concept of rational expectations
A)budget
Q33: Which of the following hypotheses about voter
Q34: A deficit-financed tax cut will _ national
Q35: Based on current budget projections,in the U.S.over
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