if taxes and government expenditures were
If taxes and government expenditures were constant and did not vary with income, then: A. passive deficits would increase. B. structural deficits would increase. C. passive deficits would not exist. D. structural deficits would not exist.
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a passive deficit is the portion of the deficit that exists when a inflation is not fully anticipated b inflation is fully anticipated c the economy
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if taxes and government expenditures were constant and did not vary with income then a passive deficits would increase b structural deficits would
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if income falls below its potential and the income tax rate is reduced this will a raise the passive deficit but reduce the structural deficit b
which of the following will decrease the nominal deficit a an increase in taxes b an increase in the debt c an increase in government expenditures d
in the long-run framework deficits reduce a investment b taxes c government consumption d
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