menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
  5. Question
    The Table Below Shows the Full-Employment Budget Surplus as a Percentage
Solved

The Table Below Shows the Full-Employment Budget Surplus as a Percentage

Question 72

Question 72

Multiple Choice

The table below shows the full-employment budget surplus as a percentage of GDP over a five-year period. The table below shows the full-employment budget surplus as a percentage of GDP over a five-year period.   Refer to the above information.In which year was fiscal policy contractionary? A) Year 2 B) Year 3 C) Year 4 D) Year 5 Refer to the above information.In which year was fiscal policy contractionary?


A) Year 2
B) Year 3
C) Year 4
D) Year 5

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: An economy is experiencing a high rate

Q68: The real burden of an increase in

Q70: Discretionary fiscal policy refers to:<br>A)any change in

Q71: Built-in stability refers to the fact that

Q73: The "cyclically adjusted budget" refers to:<br>A)the inflationary

Q74: Refer to the diagram below wherein T

Q75: Which of the following best describes the

Q77: How is the public debt calculated?<br>A)by adding

Q82: A contractionary fiscal policy is shown as

Q114: Countercyclical discretionary fiscal policy calls for<br>A)surpluses during

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines