If the Budget Deficit Is Lower Than It Was Last

Multiple Choice

If the budget deficit is lower than it was last year, we could say that

A) ceteris paribus, the level of aggregate demand will be higher than it was last year.
B) the government's fiscal stance must be contractionary.
C) the government must have an expansionary fiscal stance.
D) ceteris paribus, the level of aggregate demand will be lower than it was last year.