Fiscal Policy - End of Chapter Problem Figure 13-10 in this chapter shows the actual budget deficit and the cyclically adjusted budget deficit as a percentage of GDP in the United States from 1965 to 2019. Assurning that potential output was unchanged, use this figure to determine which of the years from 1990 to 2019 the government used expansionary fiscal policy and in which years it used contractionary fiscal policy. Expansionary fiscal policy Contractionary fiscal policy 2007-2009 2016-2019 Answer Bank 2001-2004 1990-2000 2010-2015 Fiscal Policy - End of Chapter Problem Figure 13-10 in this chapter shows the actual budget deficit and the cyclically adjusted budget deficit as a percentage of GDP in the United States from 1965 to 2019. Assurning that potential output was unchanged, use this figure to determine which of the years from 1990 to 2019 the government used expansionary fiscal policy and in which years it used contractionary fiscal policy. Expansionary fiscal policy Contractionary fiscal policy 2007-2009 2016-2019 Answer Bank 2001-2004 1990-2000 2010-2015