4. The federal budget for 2022-23 will be announced on March 28, 2023.

a) What is focus of the budget for 2023-24? How will the budget affect the deficit and the government debt?

b) How would you characterize the fiscal policy stance for 2023: expansionary or contractionary? Explain

c) Are you concerned about the continuous budget deficits? If so why? If not, why not?

d) How is the budget intended to make the economy