A structural deficit is the part of the budget deficit that is a result of a downturn in economic activity.

Name: A structural deficit is the part of the budget deficit that is a result of a downturn in economic activity.
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A structural deficit is a deficit that occurs even when the economy is operating at full capacity. It is caused by long-term imbalances between spending and revenue and is not directly tied to economic fluctuations.

A Structural Deficit Is the Part of the Budget Deficit