Question: 1. The table below presents data on the debt and the debt to GDP ratio predicted by the Congressional Budget Office for the United States

1. The table below presents data on the debt and the debt to GDP ratio predicted by the Congressional Budget Office for the United States for each year through 2015.

Debt to Year Debt GDP Ratio 2005 4,656 38.1 2006 4,965 38.5

a. Construct a time-series plot of the ratio of government debt to GDP.

b. Construct a time-series plot of the debt.

c. Construct a scatter plot of the debt ratio and the debt.

Debt to Year Debt GDP Ratio 2005 4,656 38.1 2006 4,965 38.5 2007 5,246 38.6 2008 5,506 38.5 2009 5,737 38.2 2010 5,949 37.8 2011 6,054 36.7 2012 6,004 34.8 2013 5,941 33.0 2014 5,847 31.1 2015 5,726 29.1

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