Solved: Calculate the inflation-adjusted deficit, Macroeconomics

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Calculate the inflation-adjusted deficit

Problem

Calculate the inflation-adjusted deficit when the national debt is 30 percent of GDP, the inflation rate is 7 percent per annum, and the total budget deficit is 4 percent of GDP.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Calculate the inflation-adjusted deficit

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