Based on current budget projections,in the U.S.over the next 20 years the
A) structural deficit rises will fall sharply as tax revenues rise.
B) cyclical deficit will fall as the economy expands.
C) structural deficit will rise sharply as a higher proportion of the population retires.
D) structural deficit will fall sharply as more people enter the workforce.
E) none of the above.
Correct Answer:
Verified
Q30: The structural deficit is the deficit that
A)is
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
Q36: Measuring the size of future government deficits
Q37: Which of the following statements is (are)correct?
A)Rational
Q38: Advocates of the public-choice view argue that
Q39: In the IS-LM model,when government spending and
Q40: From the net tax function: T =
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