Structural budget deficit is the hypothetical deficit we would have under current fiscal policies if the economy were operating near full employment.

Name: Structural budget deficit is the hypothetical deficit we would have under current fiscal policies if the economy were operating near full employment.
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Question

Quizplus · Accepted Answer

The definition of a structural budget deficit is accurate. It represents the expected deficit that would occur even if the economy were functioning at full capacity.

Structural Budget Deficit Is the Hypothetical Deficit We Would Have