Multiple Choice
If real GDP equals B in the figure below,then
A) None of these
B) there is a structural surplus.
C) there is a structural deficit.
D) the difference between government expenditures and tax revenue is equal to zero.
E) real GDP equals potential GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: To determine the size of the automatic
Q30: A change in taxes can affect potential
Q67: In which of the following years was
Q85: At any one time, there can be
Q95: For a hypothetical economy in 2010, the
Q106: Which of the following is not an
Q123: What are the arguments used by the
Q126: The structural budget surplus is the size
Q133: Countercyclical fiscal policy is risky because<br>A)it tends
Q134: The 2008 and 2009 major fiscal stimulus