=+5. If the actual budget deficit is $100 billion, the economy is operating $250 billion above its

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=+5. 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 is the structural deficit and the passive deficit?

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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