question archive Suppose the economy is in a boom and the government is running a budget deficit

Suppose the economy is in a boom and the government is running a budget deficit

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Suppose the economy is in a boom and the government is running a budget deficit. This implies the government is running a _____ and _____ its net debt.

a. structural surplus; decreasing

b. structural surplus; increasing

c. structural deficit; increasing

d. structural deficit; decreasing

e. structural deficit; does not change

Option 1

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