If the actual budget deficit is $100 billion, the economy is operating $250 billion above its potential,

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If the actual budget deficit is $100 billion, the economy is operating $250 billion above its potential, and the marginal tax rate is 20 percent, what are the structural deficit and the cyclical deficit?

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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