Multiple Choice
In December 2012 the structural deficit was $325 billion and the cyclical deficit was $700 billion. That means that the actual budget deficit equaled ________ billion.
A) $1,025
B) $375
C) $700
D) None of the above answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q149: The structural deficit is the deficit<br>A) during
Q150: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -What is the
Q151: An increase in taxes on interest income
Q152: In response to the economic downturn, New
Q153: If a tax cut increases people's labor
Q155: According to tax receipt and outlay categories,
Q156: Income taxes in the United States are
Q157: If $1,000 is invested at 3 percent
Q158: Using the AD-AS model, an increase in
Q159: Expenditures such as Social Security benefits, farm