Categories Options Investments Spend $78 Billion General Gov't Cut $20 Billion Spending Cut $75 Billion National Security and Defense Health Care Cut $158 Billion Social Cut $785 Billion Security Cut Taxes Cut $265 Billion 2017 Tax Raise $1,169 Cuts Billion Тах Expenditures Raise $105 Billion Other Raise $83 Billion Revenue Final Total Deficit Reduction = $ Final Deficit =$

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter24: The Influence Of Monetary And Fiscal Policy On Aggregate Demand
Section: Chapter Questions
Problem 5QR
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What is the total deficit reduction and final deficit
Categories
Options
Investments
Spend $78 Billion
General Gov't
Cut
Spending
$20
Billion
National
Security and
Defense
Cut
$75
Billion
Health Care
Cut
$158
Billion
Social
Cut $785 Billion
Security
Cut Taxes
Cut $265 Billion
2017 Tax
Raise $1,169
Cuts
Billion
Тах
Raise $105
Expenditures
Billion
Other
Raise $83 Billion
Revenue
Final
Total Deficit Reduction = $
Final Deficit = $
Transcribed Image Text:Categories Options Investments Spend $78 Billion General Gov't Cut Spending $20 Billion National Security and Defense Cut $75 Billion Health Care Cut $158 Billion Social Cut $785 Billion Security Cut Taxes Cut $265 Billion 2017 Tax Raise $1,169 Cuts Billion Тах Raise $105 Expenditures Billion Other Raise $83 Billion Revenue Final Total Deficit Reduction = $ Final Deficit = $
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