The following data represent the total federal debt (in trillions of dollars) of the United States from
Question:
The following data represent the total federal debt (in trillions of dollars) of the United States from 2000 to 2018.
(a) Construct a time-series plot of the data.
(b) Percentage change may be found using the formula:
That Is, the debt increased 1.8% from 2000 to 2001. What was the percentage change in debt from 2008 to 2009? Have there been any years when the debt decreased (since 2000)?
Transcribed Image Text:
Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 5. Debt (Trillions of dollars) 5 10 20 25 Total Federal Debt
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a b No there have not been any years when the ...View the full answer
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