A structural deficit occurs when the government budget has a deficit
A. even though real GDP is less than potential GDP.
B. even though real GDP is greater than structural GDP.
C. even though real GDP is equal to potential GDP.
D. that is nominal, as opposed to a real budget deficit.
Answer:C
A structural deficit occurs when the government budget has a deficit
A. even though real GDP is less than potential GDP. B. even though real GDP is greater than structural GDP. C. even though real GDP is equal to potential GDP. D. that is nominal, as opposed to a real budget deficit.