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lbvjy [14]
3 years ago
8

Suppose potential income is $80 billion, actual income is $40 billion, and expenditures don't vary with income. If the actual bu

dget deficit is $8 billion and the marginal tax rate is 20 percent, the cyclical deficit:________
a) is $4 billion.
b) is $8 billion.
c) cannot be determined from the given information.
d) is between zero and $8 billion.
Business
1 answer:
gogolik [260]3 years ago
7 0
A(4billion)

Because I 4-(5-22)-2
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