Use the figure below to answer the following questions.
Figure 13.3.1
-Refer to Figure 13.3.1, which shows the outlays and revenues for the government of Pianoland.If potential GDP is $750 billion,
A)the structural deficit is $40 billion.
B)neither a structural surplus nor a structural deficit exists.
C)the structural surplus is $40 billion.
D)the structural deficit is $60 billion.
E)the structural surplus is $60 billion.

Question

Use the figure below to answer the following questions.
  Figure 13.3.1
-Refer to Figure 13.3.1, which shows the outlays and revenues for the government of Pianoland.If potential GDP is $750 billion,
A)the structural deficit is $40 billion. 
B)neither a structural surplus nor a structural deficit exists. 
C)the structural surplus is $40 billion. 
D)the structural deficit is $60 billion. 
E)the structural surplus is $60 billion.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  Figure 13.3.1
-Refer to Figure 13.3.1, which shows the outlays and revenues for the government of Pianoland.If potential GDP is $750 billion,
A)the structural deficit is $40 billion. 
B)neither a structural surplus nor a structural deficit exists. 
C)the structural surplus is $40 billion. 
D)the structural deficit is $60 billion. 
E)the structural surplus is $60 billion.

Use the Figure Below to Answer the Following Questions