A Structural Deficit

question 67

Multiple Choice

A structural deficit

• A)is present only if real GDP is greater than potential.
• B)exists even if real GDP equals potential.
• C)equals the cyclical deficit plus the actual deficit.
• D)is greater than a cyclical deficit.
• E)none of the above.

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Definitions:

Disaster Risk

The potential loss or damage that can occur due to natural or man-made disasters.

Super-Event Probability

An estimation of the likelihood of a composite event, taking into account the probabilities of multiple subordinate events.

Simultaneously

Occurring, operating, or done at the same time.

Disaster Risk

The potential loss or damage that could occur as a result of a disaster event, taking into account both the hazard and the vulnerability of the affected area.