Structural deficit/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> An imprecise term denoting either that part of the budget deficit: (i) that would occur in the absence of cyclical influences; or, (ii) that would ...) |
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An imprecise term denoting either that part of the [[budget deficit]]: (i) that would occur in the absence of cyclical influences; or, (ii) that would occur under conditions of [[full employment]], or, (iii) the maintenance of which would produce an upward trend in [[national debt]]. | An imprecise term denoting either that part of the [[budget deficit]]: (i) that would occur in the absence of cyclical influences (otherwise termed the [[cyclically-adjusted budget deficit]]); or, (ii) that would occur under conditions of [[full employment]], or, (iii) the maintenance of which would produce an upward trend in [[national debt]]. | ||
Revision as of 06:25, 23 March 2010
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Structural deficit [r]: An imprecise term denoting either that part of the budget deficit: (i) that would occur in the absence of cyclical influences (otherwise termed the cyclically-adjusted budget deficit); or, (ii) that would occur under conditions of full employment, or, (iii) the maintenance of which would produce an upward trend in national debt.