Which of the Following Is True About the Actual and Structural

question 22

Multiple Choice

Which of the following is true about the actual and structural budget surplus in Canada?

• A)The actual budget surplus was significantly less than the structural budget surplus during the last three recessions reflecting the importance of automatic stabilizers.
• B)The actual budget surplus was significantly larger than the structural budget surplus during the last three recessions reflecting the importance of automatic stabilizers.
• C)The actual budget surplus was not significantly different than the structural budget surplus during the last three recessions indicating that the automatic stabilizers were not important.
• D)The actual budget surplus was not significantly different than the full-employment budget surplus during the last three recessions indicating that the automatic stabilizers were not important.

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Definitions:

Mass

A quantification of the volume of matter present in an object, often stated in terms of kilograms or grams.

Density

The mass per unit volume of a substance, often measured in grams per cubic centimeter or kilograms per cubic meter.

Volume

The volume of a material or item is determined by the space it fills or is contained within a vessel.

Material

Any substance or mixture of substances intended for use in various processes or for the manufacture of products.