Im not completely sure bc i dont see anything other than letters so im gonna say B
You are using $410 + $510 = $920 out of a possible $1000 + $1000 = $2000
Therefore your credit utilization is
That is, 46%
Answer: $0
Explanation:
The cyclical deficit occurs when there is a different between the actual output and the potential output. This is why it is calculated by the formula:
= Tax rate * ( Potential output - Actual output)
As the economy here is at the potential output, it means that both the actual and the potential output are the same. In such a case, there would be no cyclical deficit.
This can be proven by the formula:
= Tax rate * ( Potential output - Actual output)
= 30% * (0)
= $0
