Refer to Exercise Another way of judging the size of budget surplus deficits is to calculate the deficit as a percentage of GNP Use the data in Exercises 3 35 and 3 38 to calculate this variable and use a graphical technique to display theresults 1986 1987 1988 1989 1990 1981 1982 1983 1984 1985 Ye...

When the size of the economy as measur ...

Refer to Exercise. Another way of judging the size of budget surplus/deficits is to calculate the deficit

Question:

Refer to Exercise. Another way of judging the size of budget surplus/deficits is to calculate the deficit as a percentage of GNP. Use the dataÂ inÂ Exercises 3.35 and 3.38 to calculate this variable and use a graphical technique to display theresults.