An economy's actual income is $800 billion,its potential income is $900 billion,and it has a budget deficit of $50 billion and a marginal tax rate of 25%.Government expenditures do not vary with income.What is its structural deficit? What is the passive deficit?

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The Answer of An economy's actual income is $800 billion,its potential income is $900 billion,and it has a budget deficit of $50 billion and a marginal tax rate of 25%.Government expenditures do not vary with income.What is its structural deficit? What is the passive deficit?

An Economy's Actual Income Is $800 Billion,its Potential Income Is