If the actual budget deficit is $140 billion, the economy is operating $300 billion above its potential, and the marginal tax rate is 11 percent, what are the structural deficit or surplus and the cyclical deficit or surplus?

Q: Calculate the primary deficit given that the Fiscal deficit is  $1500 million and the interest…

A: # Primary deficit is given to be as the difference between the fiscal deficit and the interest…

Q: At the end of 2019, a country's national debt was $ 200 billion.   In 2020, the government spent $…

A: Budget refers to the official government document that details the government's income and expenses.…

Q: Suppose we wanted to use fiscal policy (a change in taxes OR a change in government spending) in…

A: Fiscal policy refers to the use of government spending and taxation to influence the economy. It is…

Q: 29) When private expenditures decrease as a result of increased government 29) spending, this is…

A: NOTE: “Since you have posted a question with multiple sub parts, we will provide the solution only…

Q: If a $6 billion economy is growing at a real rate of 5 percent a year and there is no inflation,…

A: This question asked us to determine what action the government needs to take to maintain a constant…

Q: if the government faces a fiscal deficit of $ 100 million because it collects $100 million with 6%…

A: The fiscal deficit is the situation in which the government spending becomes higher than the…

Q: 1. The economy starts out with a balanced Federal budget. If the government opts to implement…

A: Fiscal policy refers to the policy of the government to control the money supply in the economy.…

Q: Two economists are debating whether the natural rate of unemployment is 4% or 6%. Mr. A believes…

A: Natural unemployment: The natural rate of unemployment, often known as natural unemployment, is the…

Q: As per the government budget, the interest payments are estimated at $10,000 which is 40% of the…

A: The information being given is:- Interest payment = 10,000 This is the 40% value of primary deficit…

Q: If a government is using fiscal policy, this means that it is using. economy. spending; interbank…

A: Fiscal policy is a macroeconomic tool used by governments to regulate their spending and taxation…

Q: Find the primary deficit when the fiscal deficit is $2100 and the interest on payment are $1500

A: Generally in the given question, Fiscal deficit is given as = $2100 The interest on payment stated…

Q: Which of the following will cause the structural budget deficit to increase? Select one: A. an…

A: Budget deficit refers to the the excess of government expenditure over government revenue. The main…

Q: If the primary deficit of a government is given as $800 billion ,find the interest on payment when…

A:

Q: Find the primary deficit in a government budget if the fiscal deficit is $9200 and the interest…

A:

Q: What effect did the economic program have on the federal deficit?

A: ECONOMIC PROGRAM: Economic programs are the programs formed to improve the economy of the United…

Q: True or false and explain: The national debt represents a threat of bankruptcy.

A: No. Country cannot become bankruptcy. Generally country can exist longer time period, if it is…

Q: The federal budget can be in surplus, deficit or balance, and there can be a cyclical deficit and a…

A: Structural Deficit: This is a deficit that persists even when the economy is operating at full…

Q: What is likely to happen to a country's budget deficit if the government increases spending without…

A: The issue includes grasping the impacts of financial strategy, explicitly government spending…

Q: Calculate the value of fiscal deficit if primary deficit is $420 million and interest payments is…

A: (Q) Calculate the value of fiscal deficit if the primary deficit is $420 million and interest…

Q: A deficit is the part of the federal budget deficit that occurs from an economic downturn.

A: Deficit: In the government budget, a deficit occurs when government spending exceeds government…

Q: How and why would automatic continuing resolutions be effective at influencing budget reforms and…

A: Automated continuing resolutions are a proposed method to the frequent budget impasses and…

Q: Calculate the value of fiscal deficit if primary deficit is $2000 million and  interest payments is…

A: The given information is as follows:- Primary deficit = $2000 million Interest payments = $300…

Q: In 2005, the country of Boonton had $5000 in federal debt. In 2006 it ran a deficit of $2500,…

A: The federal debt is the amount of debt borrowed by federal government, to overcome and fulfill the…

Q: The Congressional Budget Office (CBO) says the national debt is on an up- ward path and will hit 122…

A: In an economy, National debt and governement fiscal balance provide specfiic information about the…

Q: What is the potential trade-off between using fiscal policy to stimulate economic growth and…

A: Fiscal policy refers to policy measures and decisions implemented by the government related to its…

Q: Fill in the blanks to make the following statements correct. a. When there is no change in the…

A: A subfield of economics known as macroeconomics studies the economy as a whole at the aggregate…

Q: China's government debt is $350 billion at the end of 2019 with a 2% inflation rate during the year.…

A: GDP refers to the total value of all the final goods and services that produced within the country…

Q: ge from 0 to D1. ge from 0 to D2. me from 0 to D3

A: A budget deficit occurs when a government's expenditures exceed its revenues in a given period.…

Q: government finances the deficit by issuing bonds, what amount. billion percent rate of interest, how…

A: Debt  describes to an obligation or liability that happen when one party, known as the debtor,…

Q: in a government budget the primary deficit is $10,000 million and the interest payments is dollar…

A: In an economy, government make expenditure for different purposes that may lwad to arise primary and…

Q: If a government shows the fiscal deficit of $ 40,000 billion the revenue expenditure on the interest…

A:

Q: Insert the missing word or phrase: Persistent budget deficits have long-run consequences because…

A: The budget deficit occurs when the government's revenue falls short of the expenditure. When the…

Q: During the 1990s, the federal budget moved from a deficit to a surplus. What factors accounted for…

A: A budget surplus implies the government will have an extra fund and these funds will be used to pay…

Q: Which of the following is true?   a. The size of the national debt currently is about the same size…

A: a. The debt to ratio hits its all-time record of 113% by the end of the war ended. In 1946, the…

Q: As long as tax rates are not very high, a decrease in tax rates will tend to   a. increase the…

A: Budget deficit:-  Budget deficit happens when spending of government is more than the revenue earned…

Q: Find the value of Fiscal deficit if the primary deficit is $800 and the Interest payment is $280.

A: Whenever basically the government borrows money for generally spending beyond its earning, it's far…

Q: Explain the essence of fiscal policy and how it realized! Explain causes and consequences of budget…

A: Fiscal policy is the use of government revenue collection and expenditure to influence a nation's…

Q: The nominal budget deficit of the government sector is -5% and the structural budget deficit is -1%.…

A: The nominal budget deficit is the contrast between the public authority's total expenditures and its…

Q: G= Government spending Tax revenues Real GDP $160 $100 $500 $160 $120 $600 $160 $140 $700 $160 $160…

A: Fiscal policy is considered expansionary when the government is running a budget deficit, and…