If the actual budget deficit is $140 billion, the economy is operating $300 billion above its potential,
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If the actual budget deficit is $140 billion, the economy is operating $300 billion above its potential, and the marginal tax rate is 11 percent, what are the structural deficit or surplus and the cyclical deficit or surplus? Instructions: Enter your answers as whole numbers. The structural is $ 100 billion. The cyclical is $ 200 billion.
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