A structural deficit refers to that part of the deficit that exists as a result of a downturn in economic activity.

Name: A structural deficit refers to that part of the deficit that exists as a result of a downturn in economic activity.
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Question

Quizplus · Accepted Answer

A structural deficit is a long-term imbalance between government spending and revenue that persists even during periods of economic growth and stability. It is not directly caused by a downturn in economic activity.

A Structural Deficit Refers to That Part of the Deficit