The diagram below shows two budget deficit functions for a hypothetical economy. FIGURE 31-2 Refer to Figure 31-2.Initially,suppose the economy is at point A on budget deficit function .Real GDP (Y)is $100 million.If the government implements a fiscal policy that causes the budget deficit function to shift to ,we can conclude that the policy was ________ and the structural deficit will be ________ than previously.

Question

The diagram below shows two budget deficit functions for a hypothetical economy.  FIGURE 31-2 Refer to Figure 31-2.Initially,suppose the economy is at point A on budget deficit function  .Real GDP (Y)is $100 million.If the government implements a fiscal policy that causes the budget deficit function to shift to  ,we can conclude that the policy was ________ and the structural deficit will be ________ than previously.

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The Answer of The diagram below shows two budget deficit functions for a hypothetical economy.  FIGURE 31-2 Refer to Figure 31-2.Initially,suppose the economy is at point A on budget deficit function  .Real GDP (Y)is $100 million.If the government implements a fiscal policy that causes the budget deficit function to shift to  ,we can conclude that the policy was ________ and the structural deficit will be ________ than previously.

The Diagram Below Shows Two Budget Deficit Functions for a Hypothetical