Explain the difference between the budget deficit and the


1. Explain the difference between the budget deficit and the national debt. If the deficit gets turned into a surplus, what happens to the debt?

2. Explain in words why the structural budget might show a surplus while the actual budget is in deficit. Illustrate your answer with a diagram like Figure 5.

474_d5390957-716c-468a-afbc-815e75a651a2.png

Request for Solution File

Ask an Expert for Answer!!
Econometrics: Explain the difference between the budget deficit and the
Reference No:- TGS02153544

Expected delivery within 24 Hours