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Business, 07.12.2019 00:31 nini261

If the actual budget deficit is $160 billion, the economy is operating $350 billion above its potential, and the marginal tax rate is 12 percent, what are the structural deficit or surplus and the cyclical deficit or surplus?

instructions: enter your answers as whole numbers. a.the structural (deficit or surplus) is $ billion.

b. the cyclical (deficit or surplus) is $ billion.

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