Structural deficit/Definition: Difference between revisions
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An estimate of the [[budget deficit]] that would occur in the absence of cyclical influences. | An estimate of the [[budget deficit]] that would occur in the absence of cyclical influences, the magnitude of which depends upon the expected future consequences of previous public sector investments. | ||
Latest revision as of 06:26, 11 January 2011
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Structural deficit [r]: An estimate of the budget deficit that would occur in the absence of cyclical influences, the magnitude of which depends upon the expected future consequences of previous public sector investments.