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Suppose we have the following information for 2008: Potential output: $16 trillion Actual output: $14 trillion Actual Deficit: $ 500 billion Tax Rate: 20% What

Suppose we have the following information for 2008:

Potential output: $16 trillion

Actual output: $14 trillion

Actual Deficit: $ 500 billion

Tax Rate: 20%

What is thestructural deficit in 2008?

$500 billion

$100 billion

$400 billion

$150 billion

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