If the structural deficit is $750 billion and the cyclical deficit is $150 billion,it follows that the __________ is __________ billion.

Question

Quizplus · Accepted Answer

The total budget deficit includes both the structural deficit and the cyclical deficit. Therefore, the total budget deficit is calculated as follows:

Total budget deficit = Structural deficit + Cyclical deficit
Total budget deficit = $750 billion + $150 billion
Total budget deficit = $900 billion

Therefore, the correct answer is C, total budget deficit is $900 billion.

If the Structural Deficit Is $750 Billion and the Cyclical