The actual budget deficit of an economy was about $30 billion in 2020. On the basis of this information, it: Multiple Choice cannot be determined whether the fiscal policy implemented by the government in 2020 was expansionary or contractionary. can be concluded that the economy faced severe inflation in 2020. can be concluded that the fiscal policy implemented by the government in 2020 was contractionary. can be concluded that the fiscal policy implemented by the government in 2020 was expansionary