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    Economics Principles and Policy Study Set 2
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    Exam 32: Budget Deficits in the Short and Long Run
  5. Question
    The Structural Deficit Is Determined by Established Expenditure-Transfer Policies and Tax
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The Structural Deficit Is Determined by Established Expenditure-Transfer Policies and Tax

Question 152

Question 152

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The structural deficit is determined by established expenditure-transfer policies and tax rates and is independent of the current level of GDP.

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