In year 1, the actual budget deficit was $200 billion and the standardized deficit was $150 billion. in year 2, the actual budget deficit was $225 billion and the standardized deficit was $175 billion. gdp was $1000 billion in year 1 and $1005 billion in year 2. it can be concluded that fiscal policy from year 1 to year 2 was: 
a. proportional

b. inflationary

c. contractionary

d. expansionary

Option (D) is correct.

Explanation:

From the information given in the question, it was observed that fiscal policy in year 2 is expansionary by comparing it with the fiscal policy in year 1.

The budget deficit in year 1 is $200 billion and in year 2 is $225 billion, so there is an increase in the budget deficit from year 1 to year 2. This means that there is an implementation of expansionary policy either by increasing government spending or decreasing taxes.

On the other hand, standardized deficit also increases from year 1 to year 2, which is also an indication of expansionary fiscal policy.

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"