Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions. Budget Balance Cyclical Component + 236 58 128 -1 -158 -83 -378 -107 -413 -58 -318 -20 -248 11 -161 17 -459 -26 -1,413 -251 -1,294 -300 -1,300 -264 -1,087 -680 -485 -439 -585 -665 -779 -984 -3,310 Fiscal Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2007 and 2008? $ -208 -207 -168 -86 -76 -53 11 53 -403 b. 2017 and 2018? billion of fiscal (Click to select) Instructions: Enter your responses as a whole number. How much fiscal stimulus or restraint occurred between Structural Component 178 129 -75 -271 -355 -298 -259 -178 billion of fiscal (Click to select) -433 -1,162 -994 -1,036 -879 -473 -317 -353 -509 -612 -790 -1,037 -2,907

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 2E
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Question
ces
Me
Graw
Hill
Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions.
Budget
Balance
Cyclical
Component +
Structural
Component
236
58
178
128
-1
129
-83
-75
-107
-271
-58
-355
-20
-298
11
-259
17
-178
-26
-251
ly clear
Fiscal Year
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
-158
-378
-413
-318
-248
-161
-459
-1,413
-1,294
-1,300
-1,087
-680
-485
-439
-585
-665
-779
-984
-3,310
-300
-264
-208
-207
-168
-86
-76
-53
11
53
-403
billion of fiscal (Click to select)
-
▬▬
billion of fiscal (Click to select)
-433
-1,162
-994
-1,036
-879
-473
-317
-353
-509
Instructions: Enter your responses as a whole number.
How much fiscal stimulus or restraint occurred between,
a. 2007 and 2008?
$
b. 2017 and 2018?
$
-612
. -790
-1,037
-2,907
Q Search
I
< Prex
W
6 of 9
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Transcribed Image Text:ces Me Graw Hill Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions. Budget Balance Cyclical Component + Structural Component 236 58 178 128 -1 129 -83 -75 -107 -271 -58 -355 -20 -298 11 -259 17 -178 -26 -251 ly clear Fiscal Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 -158 -378 -413 -318 -248 -161 -459 -1,413 -1,294 -1,300 -1,087 -680 -485 -439 -585 -665 -779 -984 -3,310 -300 -264 -208 -207 -168 -86 -76 -53 11 53 -403 billion of fiscal (Click to select) - ▬▬ billion of fiscal (Click to select) -433 -1,162 -994 -1,036 -879 -473 -317 -353 -509 Instructions: Enter your responses as a whole number. How much fiscal stimulus or restraint occurred between, a. 2007 and 2008? $ b. 2017 and 2018? $ -612 . -790 -1,037 -2,907 Q Search I < Prex W 6 of 9 Next >
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