Please help me answer the following questions. Thank you

Question 2

The table below shows the full-employment budget deficit as a percentage of GDP over a five-year period. 2 Year Deficit (-) 1.5% 1.4 WIN 10 2.0 points 4 1.8 1.5 Skipped Refer to the above information. In which year was fiscal policy expansionary? eBook Multiple Choice Print References O Year 3 O Year 2 O Year 4 O Year 5Graded Assignment 5 1 Saved Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget deficit of $30 billion in year 3, a budget surplus of $20 billion in year 4, and a budget deficit of $2 billion in year 5. a. What is the absolute size of its public debt in year 5? to 10 billion points Instructions: Enter a value for the surplus or deficit as a whole number. Do not include a plus or minus sign. Skipped b. If its real GDP in year 5 is $104 billion, what is this country's public debt as a percentage of real GDP in year 5? eBook Instructions: Enter a value for the surplus or deficit as a whole number. Do not include a plus or minus sign. Round your answer to two decimal places. Print References percent5 Which set of events would best explain the effects of a contractionary fiscal policy on net exports? Multiple Choice 10 points Skipped O It decreases domestic interest rates, causing the dollar to depreciate and net exports to increase. eBook Print References O It decreases domestic interest rates, causing the dollar to depreciate and net exports to decrease. O It decreases domestic interest rates, causing the dollar to appreciate and net exports to decrease. O It increases domestic interest rates, causing the dollar to appreciate and net exports to decrease.6 10 points EBOOK Print References Suppose that last year, the economy was in a recession, government spending was $595 billion, and government revenue was $505 billion. Economists estimate that if the economy had been at its fullremployment level of GDP last year, government spending would have been $555 billion and government revenue would have been $550 billion. Which of the following statements about this government's fiscal situation are true? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. D the government has a cyclically adjusted budget decit of $5 billion D the government has a non-cyclically adjusted budget surplus of $90 billion D the government has a cyclically adjusted budget surplus of $5 billion D the government has a non-cyclically adjusted budget deficit of $90 billion D the government has a cyclically adjusted budget decit of $555 billion D The government has a non-cyclically adjusted budget decit of$595 billion