During the 1980s, assets in the Social Security system fell so low they covered less than two months o f benefit payments

The structural deficit or surplus is the

A) difference between actual government outlays and what would be government revenues if the economy were at full employment. B) difference between actual government outlays and actual government revenues. C) change in national debt that will result from current budgetary policies. D) actual government budget deficit or surplus minus expenditures for capital improvements. E) government budget deficit or surplus that would occur if the economy were at full employment.

A budget constraint:

A. is the same across all individuals with the same income constraints. B. is different for each individual with the same income constraints. C. is the same across all individuals with the same tastes and preferences. D. is different for each individual with the same tastes and preferences.