Dont understand, please help Refer to the accompanying table for Waxwania Government Tax Real Expenditures, G Revenues , T GDP $190 110 $550 190 130 650 190 150 750 190 170 850 190 190 950 Suppose Waxwania is producing $650 of real GDP, whereas the potential real GDP ( full employment real GDP) is $750 a How large is its budget deficit billion b Its cyclically adjusted budget deficit billion c Its cyclically adjusted budget deficit as a percentage of potential real GDP Instructions Round your answer to two decimal places percent d Is Waxwania's fiscal policy expansionary or contractionary (Click to select)

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Dont understand, please help Refer to the accompanying table for Waxwania  Government Tax Real Expenditures, G Revenues , T GDP $190 110 $550 190 130 650 190 150 750 190 170 850 190 190 950 Suppose Waxwania is producing $650 of real GDP, whereas the potential real GDP (  full employment real GDP) is $750  a  How large is its budget deficit  billion b  Its cyclically adjusted budget deficit  billion c  Its cyclically adjusted budget deficit as a percentage of potential real GDP  Instructions  Round your answer to two decimal places  percent d  Is Waxwania's fiscal policy expansionary or contractionary  (Click to select)

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Dont understand, please help Refer to the accompanying table for Waxwania. Government Tax Real Expenditures, G Revenues , T GDP $190 110 $550 190 130

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