expand icon
book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
Exercise 11
If the actual budget deficit is $100 billion, the economy is operating $250 billion above its potential, and the marginal tax rate is 20 percent, what are the structural deficit and the passive deficit
Explanation
Verified
like image
like image

It is given that
Actual budget deficit i...

close menu
Macroeconomics 9th Edition by David Colander
cross icon