The structural deficit
A) is the same thing as the full-employment deficit.
B) reflects the accuracy of the notion that an economy can eliminate its deficit by growing toward full employment.
C) removes from its definition the cyclical components of the actual deficit that swell with recession and contract with boom.
D) is a measure of deficit spending that is not sensitive to the automatic stabilizers of fiscal policy.
E) all of the above.
Correct Answer:
Verified
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