What's it: A structural budget deficit is when government spending exceeds government revenue, and it persists throughout
Government Budget
Autonomous Expenditure: Formula, Components, Determinants
What's it: Autonomous expenditure is unaffected by income level. In other words, they will still exist even if the income equals zero. Spending
Net Tax in Macroeconomics: Formula, Effects on the Economy
What's it: Net tax equals government tax revenue after deducting transfer payments. It represents the remaining revenue to finance government