The structural surplus
A) equals the actual surplus plus the cyclical surplus.
B) is legally required to be positive.
C) is the government budget surplus that would exist if the economy was at full employment.
D) fluctuates over the business cycle.
E) is, by definition, equal to the negative of the cyclical deficit.
Correct Answer:
Verified
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
Q34: If government expenditure on goods and services
Q36: Automatic stabilisers include
A) changes in the cash
Q37: Which of the following is true?
A) Automatic
Q38: In an expansion, tax revenues increase proportionally
Q39: The magnitude of the government expenditure multiplier
Q40: The balanced budget multiplier is based on
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