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Business, 14.12.2020 02:40 officialrogerfp3gf2s

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 change was due to

a. The growing economy?

This
cyclical
component accounted for a change of $
billion in the budget balance.

b. Fiscal restraint?

This
structural
component accounted for a change of $
billion in the budget balance.

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Answers: 3

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