Structural deficit/Definition

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.

Structural deficit [r]: An imprecise term denoting either that part of the budget deficit: (i) that would occur in the absence of cyclical influences; or, (ii) that would occur under conditions of full employment, or, (iii) the maintenance of which would produce an upward trend in national debt.