Question: Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions. Fiscal Budget Cyclical Structural Year Balance Component

Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions. Fiscal Budget Cyclical Structural Year Balance Component Component 2000 236 58 178 + 128 129 -1 -83 -158 -75 2001 2002 2003 2004 2005 -107 -271 -378 -413 -318 -58 -355 -20 -298 -248 11 2006 2007 2008 -161 17 -259 -178 -433 2009 -1,162 -994 2010 -459 -1,413 -1,294 -1,300 -1,087 -680 2011 -26 -251 -300 -254 -191 -189 --146 -79 2012 -1,046 -896 -491 2013 2014 -484 2015 -438 -587 -338 -359 -518 2016 -69 The federal deficit rose from $161 billion in 2007 to $1.413 billion in 2009. How much of this change was due to Instructions: Enter your responses as a whole number. If you are entering any negative numbers be sure to include a negative sign ( in front of those numbers. a. The growing or shrinking economy? This fclick 10. wwwch component accounted for a change of $ billion in the budget balance b. Fiscal restraint or stimulus? This Click to select) component accounted for a change of $ billion in the budget balance
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