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    Macroeconomics Study Set 22
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    Exam 13: Fiscal Policy, Deficits, Surpluses, and Debt
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    The Table Below Shows the Full-Employment Budget Surplus as a Percentage
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The Table Below Shows the Full-Employment Budget Surplus as a Percentage

Question 128

Question 128

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:

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