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

Name: Structural budget surplus is the hypothetical surplus 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 surplus is that it is based on current fiscal policies and assumes that the economy is operating at or near full employment. Therefore, the statement is true.

Structural Budget Surplus Is the Hypothetical Surplus We Would Have