Assume that in the United States the actual deficit is $750 billion. If the United States were at full employment, the deficit would be $150 billion. The structural deficit in the United States is

Question

Quizplus · Accepted Answer

The structural deficit is the budget deficit that would exist even if the economy were at full employment. In this case, it's the $150 billion deficit that would exist if the U.S. were at full employment.

Assume That in the United States the Actual Deficit Is