Complete The Table Below By Stating Whether The Direction Of Discretionary Fisca

Complete the table below by stating whether the direction of discretionary fiscal policy was contractionary (c), expansionary (e), or neither (n), given the hypothetical budget data for an economy. (1) year (2) actual budget deficit (−) or surplus (+) (3) cyclically adjusted budget deficit (−) or surplus (+) (4) direction of fiscal policy 1 −3.9% −2.1% 2 −4.5 −2.6 _____ 3 −4.7 −3.0 _____ 4 −3.9 −2.6 _____ 5 −2.9 −2.0 _____ 6 −2.2 −1.9 _____

Posted in Uncategorized