Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

f2018 :779 11 790 2019 -984 53 -1.037 2020 -3,310 -403 -2,907 Instructions: Enter your responses as a whole number The federal deficit fell from

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
\f2018 :779 11 790 2019 -984 53 -1.037 2020 -3,310 -403 -2,907 Instructions: Enter your responses as a whole number The federal deficit fell from $1,300 billion in 2011 to $680 billion in 2013. How much of this $620 billion deficit reduction was due to a the growing economy? This cyclical V component accounted for a $ billion reduction in the deficit b fiscal restraint? This structural component accounted for a $[ billion reduction in the deficit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding The Law

Authors: Donald L Carper, John A McKinsey, Bill W West

5th Edition

0324375123, 9780324375121

More Books

Students also viewed these Economics questions

Question

1. Empirical or factual information,

Answered: 1 week ago

Question

1. To take in the necessary information,

Answered: 1 week ago