32. Suppose we have the following information for 2010: Potential output: $12 trillion Actual output: $11 trillion Actual Deficit: $ 600 billion Tax Rate: 20% What is the cyclical deficit in 2010? What could be causing the cyclical deficit? $400 billion; a recession, which would decrease output and tax revenues $200 billion; social welfare programs whose expenditures are larger than the revenues that they collect $400 billion; social welfare programs whose expenditures are larger than the revenues that they collect $200 billion; a recession, which would decrease output and tax revenues