The actual budget deficit is equal to the : a)structural deficit plus the cyclical deficit b)structural...
The actual budget deficit is equal to the :
a)structural deficit plus the cyclical deficit
b)structural deficit minus the cyclical deficit.
c)cyclical deficit.
d)structural deficit
Homework Answers
The actual budget deficit is equal to the structural deficit plus the cyclical deficit
So correct answer is option A
Add Answer to:
The actual budget deficit is equal to the :
a)structural deficit plus the cyclical deficit
b)structural...
There are two types of government budget deficit which are: Cyclical deficit and Structural deficit For...
There are two types of government budget deficit which are: Cyclical deficit and Structural deficit For your initial discussion post, consider your textbook and lecture readings and the information provided in the article as you answer the prompts below: In your opinion, what type of government budget deficit do you think United States government is running? Explain your reasoning. Provide your recommendations for relief from this issue.
If the actual budget deficit is $120 billion, the economy is operating $200 billion above its...
If the actual budget deficit is $120 billion, the economy is operating $200 billion above its potential, and the marginal tax rate is 10 percent, what are the structural deficit or surplus and the cyclical deficit or surplus? The structural _____ is $________. The cyclical ______ is $________.
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and...
3. The Federal Budget and Public Debt a.What is the difference between the budget deficit and the national (public) debt? b.Suppose the structural deficit is $50 billion, and the cyclical deficit is $30 billion. What is the actual budget deficit? c.In part b, does the economy have an inflationary gap or a recessionary gap? Explain. d.Why does a business downturn (recession) increase the size of the budget deficit?
1. A cyclical deficit is the portion of the deficit that exists only when: the economy...
1. A cyclical deficit is the portion of the deficit that exists only when: the economy is at potential output/income the economy is in an inflationary gap the economy is in a recessionary gap The Treasury is buying back bonds 2. When the U.S. Government runs a deficit, the Fed has to buy bonds to finance the deficit Treasury has to sell bonds to finance the deficit Federal government tax revenues must be less than Federal government spending Both B...
28 of 101 (6 complete) This Question: 1 pt Disposable income is equal to A. total...
28 of 101 (6 complete) This Question: 1 pt Disposable income is equal to A. total income minus net taxes. B. national income minus government spending C. net taxes plus net transfers D. consumption expenditures plus net transfers. The budget deficit is calculated as government spending minus tax revenues. Α. True В. False
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural...
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
Choose all the correct answer. The structural deficit/surplus is The hypothetical amount when the economy is...
Choose all the correct answer. The structural deficit/surplus is The hypothetical amount when the economy is producing at full-employment The hypothetical budget when the government expenditure is equal to taxation Dependent on the economic conditions Change only when the fiscal program change (assuming that the potential GDP is unchanged)
it is budget surplus, rather than deficit 4. Suppose the market for loanable funds is current...
it is budget surplus, rather than
deficit
4. Suppose the market for loanable funds is current in equilibrium, with zero capital inflows or capital outflows and zero government budget deficit. (a) Using a supply and demand diagram, depict this situation. 5 points. (b) Suppose the government begins to run a budget surplus; assuming all else equal, depict the effect this will have on the interest rates and total lending. 5 points. (c) What effect will this deficit have on the...
7. Those who advocate counter-cyclical fiscal policy would agree with all but one of the following...
7. Those who advocate counter-cyclical fiscal policy would agree with all but one of the following statements. Which is the exception? A) Governments should be non-interventionist. B) Automatic stabilizers are not particularly effective. C) The economy is not capable of automatic self-adjustment in response the problems of unemployment and inflation. D) Counter cyclical fiscal policy is a powerful and effective tool. E) Government budget deficits are a less serious problem than income gaps. 8. Assume that the economy is in...
Check my answers please ?? MULTIPLE CHOICE. Choose the one alternative that best completes the statement...
Check my answers please ??
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) The use of government taxes and spending to alter economic outcomes is known as A) Incomes policy Q) Monetary policy B) Foreign trade policy. D) Fiscal policy A- 2) 2) If full-employment output exceeds equilibrium output, greater deficit spending will result A) Smaller recessionary gap C) Smaller inflationary gap. B) Larger recessionary gap. D) None of the choices...
28 of 101 (6 complete) This Question: 1 pt Disposable income is equal to A. total income minus net taxes. B. national income minus government spending C. net taxes plus net transfers D. consumption expenditures plus net transfers. The budget deficit is calculated as government spending minus tax revenues. Α. True В. False
The natural unemployment rate is not zero because natural unemployment includes O A. cyclical and structural unemployment O B. frictional and cyclical unemployment Oc frictional and structural unemployment OD. Cyclical unemployment O E. discouraged workers during an expansion The unemployment rate fluctuates around the natural unemployment rate O A frictional unemployment increases, decreases OD cyclical unemployment decreases increases OG Structural unemployment increases, decreases OD. cyclical unemployment increases, decreases OL frictional unemployment decreases increases
it is budget surplus, rather than
deficit
4. Suppose the market for loanable funds is current in equilibrium, with zero capital inflows or capital outflows and zero government budget deficit. (a) Using a supply and demand diagram, depict this situation. 5 points. (b) Suppose the government begins to run a budget surplus; assuming all else equal, depict the effect this will have on the interest rates and total lending. 5 points. (c) What effect will this deficit have on the...
7. Those who advocate counter-cyclical fiscal policy would agree with all but one of the following statements. Which is the exception? A) Governments should be non-interventionist. B) Automatic stabilizers are not particularly effective. C) The economy is not capable of automatic self-adjustment in response the problems of unemployment and inflation. D) Counter cyclical fiscal policy is a powerful and effective tool. E) Government budget deficits are a less serious problem than income gaps. 8. Assume that the economy is in...
Check my answers please ??
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) 1) The use of government taxes and spending to alter economic outcomes is known as A) Incomes policy Q) Monetary policy B) Foreign trade policy. D) Fiscal policy A- 2) 2) If full-employment output exceeds equilibrium output, greater deficit spending will result A) Smaller recessionary gap C) Smaller inflationary gap. B) Larger recessionary gap. D) None of the choices...
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