The structural deficit is
A) the difference between the actual deficit and the natural employment deficit and it increases whenever income rises.
B) identical to the natural employment deficit and it decreases whenever tax rates are cut.
C) identical to the natural employment deficit and it increases whenever the natural level of output increases.
D) identical to the natural employment deficit and it decreases whenever the natural level of output increases.
Correct Answer:
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Q31: Figure 5-1 Q32: Which of the following effects takes place Q33: The actual government budget deficit _ be Q34: Figure 5-1 Q35: An increase in the tax rate (t) Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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A)will