The structural deficit is
A) the deficit necessary to reduce interest rates.
B) the difference between tax revenues and government expenditures in a given year.
C) the difference between tax revenues and government expenditures that would result if GDP were at its potential level.
D) the budget resulting from a policy of functional finance.
E) a concept first suggested by John Maynard Keynes in 1938.
Correct Answer:
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Q23: A government budget deficit
A) is more inflationary
Q24: Q25: The United States' national debt Q26: An increase in the structural deficit most Q27: About what percentage of national output does Q29: The difference between tax revenues and government Q30: If the structural deficit shows a surplus Q31: The United States' national debt Q32: The national debt differs from consumer debt Q33: An outcome associated with a large national
A) has been
A)
A) is approximately
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