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 full employment.
C) difference between actual government outlays and actual government revenues.
D) difference between actual government outlays and what would be government revenues if the economy were at full employment.
E) change in national debt that will result from current budgetary policies.
Correct Answer:
Verified
Q23: If government expenditure on goods and services
Q24: When an economy is above full employment
Q25: The magnitude of the tax multiplier is
Q26: Ignoring any supply-side effects, suppose the government
Q27: Automatic changes in tax revenues and expenses
Q29: If the Commonwealth government cuts taxes by
Q30: Do automatic fiscal stabilisers eliminate business cycles?
A)
Q31: If the budget deficit is $50 billion
Q32: An example of automatic fiscal policy is
A)
Q33: When comparing a $100 billion increase in
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