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Inflation is 13 percent. Debt is $3 trillion. The nominal deficit is.pdf

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Inflation is 13 percent. Debt is $3 trillion. The nominal deficit is $330 billion. What is the real deficit or surplus? Instructions: Round your answer to the nearest whole dollar amount. The real (Click to select) deficit surplus is $ billion. Solution $3 trillion = $3,000 billion REAL deficit= Nominal-( infaltion x Total debt) REAL deficit = $330 billion-(.13*$3,000 billion) = $60 billion.

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Inflation is 13 percent. Debt is $3 trillion. The nominal deficit is $330 billion. What is the real deficit or surplus? Instructions: Round your answer to the nearest whole dollar amount. The real (Click to select) deficit surplus is $ billion. Solution $3 trillion = $3,000 billion REAL deficit= Nominal-( infaltion x Total debt) REAL deficit = $330 billion-(.13*$3,000 billion) = $60 billion

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Inflation is 13 percent. Debt is $3 trillion. The nominal deficit is.pdf

  • 1. Inflation is 13 percent. Debt is $3 trillion. The nominal deficit is $330 billion. What is the real deficit or surplus? Instructions: Round your answer to the nearest whole dollar amount. The real (Click to select) deficit surplus is $ billion. Solution $3 trillion = $3,000 billion REAL deficit= Nominal-( infaltion x Total debt) REAL deficit = $330 billion-(.13*$3,000 billion) = $60 billion