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?

Question

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?

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The Answer of 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?

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