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if income falls below its potential and the

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. raise both the passive and structural deficits. C. reduce both the passive and structural deficits. D. reduce the passive deficit but raise the structural deficit.

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Macroeconomics: if income falls below its potential and the

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Macroeconomics: if income falls below its potential and the

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