Question:

Suppose a closed economy generates 2000 output and income in

Last updated: 4/29/2023

Suppose a closed economy generates 2000 output and income in

Suppose a closed economy generates 2000 output and income in equilibrium Suppose also that the government spends 400 and imposes a lump sum tax of 200 By how much is the government in deficit round your answer to the nearest whole value Your Answer