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Use the Figure Below to Answer the Following Questions

Question 79

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 29.3.1 -Refer to Figure 29.3.1, which shows the outlays and revenues for the government of Pianoland. If potential GDP is $750 billion, A) neither a structural surplus nor a structural deficit exists. B) the structural deficit is $60 billion. C) the structural deficit is $40 billion. D) the structural surplus is $60 billion. E) the structural surplus is $40 billion.
Figure 29.3.1
-Refer to Figure 29.3.1, which shows the outlays and revenues for the government of Pianoland. If potential GDP is $750 billion,


A) neither a structural surplus nor a structural deficit exists.
B) the structural deficit is $60 billion.
C) the structural deficit is $40 billion.
D) the structural surplus is $60 billion.
E) the structural surplus is $40 billion.

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