The Structural Deficit

question 26

Multiple Choice

The structural deficit

• A) is the same thing as the full-employment deficit.
• B) reflects the accuracy of the notion that an economy can eliminate its deficit by growing toward full employment.
• C) removes from its definition the cyclical components of the actual deficit that swell with recession and contract with boom.
• D) is a measure of deficit spending that is not sensitive to the automatic stabilizers of fiscal policy.
• E) all of the above.

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Definitions:

Withdrawing

The act of removing oneself physically or emotionally from a situation or substance dependency.

Hearing Loss

A partial or total inability to hear, which can be temporary or permanent.

Pedicle Tumor

A growth or lesion extending from the stalk of an organ or structure.

Mucous Membranes

Moist tissue layers that line certain internal organs and body cavities, producing mucus to protect and lubricate surfaces.