If the Structural Deficit Is Zero

If the structural deficit is zero,

A) Federal tax revenue equals federal government expenditures at any equilibrium GDP.
B) If the economy goes above full employment,the cyclical deficit will get larger.
C) If the economy enters a recession,a budget surplus will result,ceteris paribus.
D) At full employment,the budget is balanceD.Because the structural portion of the deficit is equal to federal revenues at full employment minus expenditures at full employment under prevailing fiscal policy,a value of zero would mean that if the economy were at full employment,the budget would be balanced.