Multiple Choice
The structural deficit:
A) rises as the economy expands and falls when it contracts.
B) falls as the economy expands and rises when it contracts.
C) changes as actual income changes regardless of potential income.
D) does not change when actual income changes; it but changes only when potential income changes.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: If a $10 trillion economy is growing
Q11: Suppose potential income is $60 billion, actual
Q12: How does Social Security make the current
Q13: When the U.S. debt-to-GDP ratio has fallen,
Q14: Government debt is defined as:<br>A)a shortfall of
Q16: External government debt is:<br>A)government debt owed to
Q17: If the national debt increases in any
Q18: Which of the following is a reason
Q19: The government decides to reduce its expenditure
Q20: If a $6 billion economy is growing