When Jean Chretien's first term of office as Prime Minister began in 1993, Canada had come through some difficult economic times. There had been a severe recession in 1991 and slow growth in 1992, and even in 1993. In addition, the federal government had an enormous budget deficit. Suggest a policy or policy mix to reduce or eliminate budget deficit while keeping output constant. Be sure to label: i. the axes; ii. the curves; iii. the initial equilibrium values; iv. the direction the curves shift; and v. the terminal equilibrium values