Explain in words why the structural budget might show a surplus while the actual budget is in deficit. Illustrate your answer with a diagram like Figure 6 in the textbook Chapter 32.

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Chapter16: Budget Deficits In The Short And Long Run
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  1. Explain in words why the structural budget might show a surplus while the actual budget is in deficit. Illustrate your answer with a diagram like Figure 6 in the textbook Chapter 32.
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