Joseph Economy is experiencing a budget deficit of $150 billion. The economy is operating $300 billion above its potential GDP, and the marginal tax rate is 25%. What are the structural deficit and the cyclical deficit?
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What are the structural deficit and the cyclical deficit?
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- Please Solve This OneAngelina is buying a home for $332,000. She has a $57,000 down payment and the bank has offered her a 30-year fixed rate mortgage at 4.98%. What will be Angelina's monthly mortgage payment? Round your answer to two decimal places.The total in rate sensitive assets for a financial institution is $120 million and the total in rate sensitive liabilities is $95 million. What is the cumulative pricing gap (CGAP) and what is the interest rate sensitivity gap ratio if total assets equals $195 million? What would the projected change to net income be if interest rates rose by 2% on both assets and liabilities? What would the projected change to net income be if interest rates declined by 2% on both assets and liabilities? What would the projected change to net income be if interest rates rose by 1.8% on assets and 1.5% on liabilities? What would the projected change to net income be if interest rates declined by 1.8% on assets and 1.5% on liabilities?
- Get AnswerConsider the following information listed showing past and projected federal revenue spending and GDP Figures are in billions Find the deficit or surplus and debt as a percentage of GDP in 2000 and 2010 In 2000Surplus was 220 the debt was 5000 and the GDP was 9811 In 2000 the surplus was __ % and the debt as a percentage of the GDP is ___ what percent ? In 2010 the deficit was -1406 the debt was 13000 and the GDP was 13935 2010 the deficit is ____ % and the debt as a percentage of GDP is what percent The deficit or surplus changed by ______ what percentage points and the debt changed by ____ what percentage points ? 2020 the deficit was -474 the projected debt was 19800 and the GDP is 10000Suppose Bank A has $35 million in rate-sensitive assets, $70 million in fixed rate assets, $70 million in rate sensitive liabilities, and $35 million in fixed rate liabilities and equity capital. What is the value of Bank A’s GAP?
- Government tax revenue is $500,000,000. It's spending is $575,000,000. Is the government running a surplus, a balanced budget, or a deficit? If it is not running a balanced budget, how large is the imbalance?In 2018, the nominal interest rate on bonds was 5 percent a year and the real interest rate was 2 percent a year. Investment was 2.7$ trillion and the government budget deficit was 0.5$ trillion. By 2020, the real interest rate had increased to 5 percent a year, but the nominal interest rate increased to 4 percent a year. Investment has crashed to 1.8$ trillion and the government budget deficit had climbed to 3.8$ trillion. Assume that the private demand for and private supply of loanable funds did not change between 2018 & 2020. What was the inflation rate in 2018 and 2020? What happened to the price of bond between 2018 and 2020? Did the change in the government budget deficit crowed out some investment? What happened to the demand for loanable funds between 2005 and 2009? How do you know? What happened to the quantity of saving and investment?Need answer the question