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Business, 20.08.2019 00:00 kimezzell18

In year 1, the actual budget deficit was $200 billion and the standardized deficit was $150 billion. in year 2, the actual budget deficit was $225 billion and the standardized deficit was $175 billion. gdp was $1000 billion in year 1 and $1005 billion in year 2. it can be concluded that fiscal policy from year 1 to year 2 was: 
a. proportional

b. inflationary

c. contractionary

d. expansionary

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