o 6.4 Small Group Discussion - Fiscal Policy and Government Debt Think about how Fiscal Policy and Government Debt are related. Follow the steps below to create a FRED graph and answer the questions that follow. 1. Go to https://fred.stlouisfed.org/. 2. Search for *Federal Surplus or Deficit [-] as Percent of Gross Domestic Product\" by copying and pasting this series ID: FYFSGDA188S into the Search box. The gray bars in the graph represent recessions. 3. Click on \"Share Links on the bottom left of your graph and select \"Image Short URL." Copy the URL that appears in the pop-up window and paste it in your response to the discussion board activity. Answer these questions: What is the URL for the graph you created? Why is the value of the federal surplus or deficit divided by the value of GDP? How does that help better tell the story behind the numbers?\" When were the two lowest dips? Provide year and percentage of GDP for each one. What was happening in the country during each of these periods? Generally speaking, what is the basic macroeconomic objective for implementing fiscal policy in an economy? Looking at your graph, has fiscal pelicy been used during perieds of recession? Expansion? Both? Explain. \"Removing fiscal and monetary policies that have been supporting the economy means that the economy is heslthier.\" Do you agree with this statement? Explain your answer using course content and your own normative analysis. Based on your graph and your answers, would you say that the U.S. has mostly used fiscal policy appropriately according to the basic macroeconomic objective for implementing it (as you defined that to be above)? Don't forget to come back te the discussion to read your classmates' responses and comment and/or ask questions that further the discussion. In addition to posting your answers to the initial questions, you need to make a minimum of two follow-up posts that further the discussion in order to earn full credit The initial post can earn you 15 points and your responses (minimum of two) can earn you another 15 points. See the Rubric and Additional Information under the Syllabus, Rubrics, Additional Information menu button for more detail about expectations and grading. Specifically, look at the suggestions for how to construct your replies to other students' posts. These are intended to help you use critical thinking and critical reading strategies to construct your posts