If a structural surplus exists but the government's budget is balanced, then <u>real GDP is less than potential </u><u>GDP</u>.
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What do you mean by Government's budget?</h3>
A government budget is referring to as the budget that consists of the documents made by government or other political entity representing its anticipated tax revenue.
Moreover, there are basically three types of government budget that consists of balanced budget, surplus budget and deficit budget.
In case of surplus in structural happens then the real GDP is less than the expected GDP. Here, GDP is defined as Gross Domestic product. These budgets are helpful to make a decision regarding tax and spending and for consuming and investing.
Adding to it, structural surplus is the difference between government of fiscal revenue at the time of cyclical peaks.
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<u>Answer:
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The one issue dealing with the government that matters to me the most is that of its formation itself. That is because who is in power would determine which side would the decisions of the government be inclined towards.
<u>Explanation:
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- Different parties bear different ideologies that they believe is the best to run the country. These ideologies are presented by them in the best manner possible to attract and influence the voters.
- The parties try to work towards bringing their ideology into reality after they get the mandate. Thus, the issue dealing with the government that matters to me the most is that who is in the power
Answer:
A. spontaneous recovery
Explanation:
Spontaneous recovery is a term that refers to the reappearance of something (feeling, feeling, among others) that has passed a period of time without appearing, but has appeared before. In Shahid's case, the spontaneous recovery explains why he was again afraid to drive during a snowfall since he had not felt that fear for a long time.
They had trade routes and sold to the people of the lands.