Business Studies, asked by Bhaveshyeole9011, 9 months ago

Difference between cyclical and structural budget deficit

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Answered by Anonymous

Answer:

Cyclical deficits refer to deficits that are caused by economic downturns. Structural deficits refer to deficits that are ongoing and not caused by any short term macroeconomic fluctuation. ... Cyclical deficits refer to deficits that are caused by economic downturns.

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