Explanation:
expansionary - budget indicates a deficit, government is spending more than it earns, government spending more on infrastructure development
contractionary - budget indicates a surplus, government spending less than it earns
on the interest question
high interest rates - good for savers and lenders
low interest rates - good for borrowers
so...low interest rates would mean lower repayments on Sarahs loan and the entrepreneurs expansion loan
but jerry might as well play the stock market ..because his savings will earn little in a bank because of low interest rates
