Table 18.1 reports the composition of the federal budget as a percentage of GDP in 2015. Create

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Table 18.1 reports the composition of the federal budget as a percentage of GDP in 2015. Create a similar table using the latest available data from the Economic Report of the President. Has the composition of spending and taxes changed? What about the budget balance?


TABLE 18.1 The U.S. Federal Government Budget, 2015 Dollars per Percentage of GDP person Total expenditures Health (incl

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Macroeconomics

ISBN: 978-0393603767

4th Edition

Authors: Charles I. Jones

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