The structural deficit is the deficit
A) caused by the business cycle.
B) during an expansion.
C) that would occur at full employment.
D) during a recession.
E) that does not increase the national debt.
Correct Answer:
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Q21: Induced taxes are defined as taxes
A) that
Q24: When an economy is above full employment
Q28: The structural deficit or surplus is the
A)
Q30: Do automatic fiscal stabilisers eliminate business cycles?
A)
Q35: The structural surplus
A) equals the actual surplus
Q42: Which of the following is an example
Q44: Automatic stabilisers are defined as
A)policy that has
Q47: Automatic stabilisers
A)have no effect on the magnitude
Q48: Fiscal policies that move the economy toward
Q49: The cyclical deficit is the portion of
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