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Business, 13.05.2021 18:20 JellalFernandes

Say the marginal tax rate is 36 percent and that government expenditures do not change with output. Say also that the economy is at potential output and that the deficit is $350 billion. a. What is the size of the cyclical deficit

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Say the marginal tax rate is 36 percent and that government expenditures do not change with output....

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