Pls answer the question in the figure thx

Consider the following chart: Thirty years of Australian government revenue 26.5% of GDP 26.0 25.5 Budget balance/surplus* 25.0 24.5 24.0 23.5 Budget deficit 23.0 22.5 22.0 21.5 21.0 20.5 20.0 1990-91 1993-94 1996-97 1999-00 2002-03 2005-06 2008-09 2011-12 2014-15 2017-18 * excluding 2001-02 which had a budget deficit 1. Some economists/policymakers argue that balanced budgets, or surpluses, are a sign of "good economic management", a reflection of responsible discretionary fiscal policy. Other economists/policymakers argue that discretionary fiscal policy has nothing to do with it. Use the above chart to give your own critical assessment. (8 points) 2. Worldwide, there exists much debate about the economic impact of the COVID- 19 pandemic and the policy responses to it. Write down a government's budget constraint and use it to explain the possible ways in which the government might finance the current expansionary fiscal policies and describe, and briefly evaluate, the likely effects of these different financing methods. (7 points)