Why do economists think that the structural deficit is a good measure of the direction of fiscal policy?
A)Because it adjusts over the business cycle and reflects the fiscal stimulus of policy.
B)Because it changes when policy changes, rather than when the economy changes.
C)Because it changes when monetary policy changes, reflecting the interest rate cost of debt.
D)Because it adjusts automatically, rather than requiring specific legislation.

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The Answer of Why do economists think that the structural deficit is a good measure of the direction of fiscal policy?
A)Because it adjusts over the business cycle and reflects the fiscal stimulus of policy.
B)Because it changes when policy changes, rather than when the economy changes.
C)Because it changes when monetary policy changes, reflecting the interest rate cost of debt.
D)Because it adjusts automatically, rather than requiring specific legislation.

Why Do Economists Think That the Structural Deficit Is a Good