Which of the following trends characterize government fiscal deficit since the 2008 global slowdown ........

Economic Affairs Others

Which of the following trends characterize government fiscal deficit since the 2008 global slowdown?

Steadily increasing with an all-time low during 2009-10 immediately after recession

Steadily decreasing with a major spike last year

Sharp spike in post-recession years and moderation later

Moderation in post-recession years and sharp increase later registering an all-time low last year

The sharp spike in post-recession years was due to fiscal stimulus given by the government to recover the economy from the shock.

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