The price level this year is 3 percent higher than it was


Suppose the media report that the federal deficit this year is $200 billion. The national debt was $5,000 billion last year, and it is $5,200 billion this year. The price level this year is 3 percent higher than it was last year. What is the real deficit?

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Basic Computer Science: The price level this year is 3 percent higher than it was
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