Skip to main contentChapter 12 opens in a new windowSave & Exit Submit Item8 2.27 points eBookPrintReferencesItem 8Item 8 2.27 points Use the data related to cyclical vs. structural budget balances (in billions of dollars) to answer two questions. The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. 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 component accounted for a change of $ -150 billion in the deficit. b. Fiscal restraint or stimulus? This component accounted for a change of $ billion in the deficit. Next Visit question mapQuestion 8 of 9 Total8 of 9 PrevMcGraw Hill Education
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