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What does structural and cyclical deficit mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: structural and cyclical deficit.
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What does structural and cyclical deficit mean?
- Structural and cyclical deficit
- Structural and cyclical deficits are two components of deficit spending. These terms are especially applied to public sector spending which contributes to the budget balance of the overall economy of a country. Deficit spending, or simply deficit, is the amount by which spending exceeds revenue over a particular period of time. The total budget deficit, or headline deficit, is equal to the sum of the structural deficit and the cyclical deficit.
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"structural and cyclical deficit." Abbreviations.com. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.abbreviations.com/structural%20and%20cyclical%20deficit>.
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