The structural deficit is the deficit that occurs when
A. real GDP departs from potential GDP.
B. real GDP equals potential GDP.
C. aggregate demand is greater than short-run aggregate supply.
D. short-run aggregate supply is greater than aggregate demand.
Answer:B
The structural deficit is the deficit that occurs when
A. real GDP departs from potential GDP. B. real GDP equals potential GDP. C. aggregate demand is greater than short-run aggregate supply. D. short-run aggregate supply is greater than aggregate demand.