The cyclical deficit is
A) the amount by which the actual government budget deficit exceeds the structural deficit.
B) the amount by which structural deficit exceeds the actual budget deficit.
C) the same as the structural deficit.
D) what the budget deficit would be if the economy were operating at the natural real GDP level.
Correct Answer:
Verified
Q21: In 1990-1991,the government budget deficit _ mainly
Q22: Persistent government budget deficit result in _
Q23: The relation S + (T -G)= I
Q24: The progressive income tax is an automatic
Q25: Figure 5-1 Q27: The natural employment surplus _ be used Q28: The structural surplus is Q29: A deliberate change in the government's deficit Q30: The natural employment surplus is Q31: Figure 5-1
A)the difference between the
A)constitutes
A)G + T.
B)Y
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