The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years....
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The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. All numbers are in billions of dollars. Year Revenues Expenditures GDP 1948 41.6 29.8 269.2 1956 74.6 70.6 437.5 1964 112.6 118.5 663.6 1972 207.3 230.7 1,238.3 1980 517.1 590.9 2,789.5 Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearest percent. Use the red points (cross symbol) for expenditures and the green points (triangle symbol) for revenues. Line segments will automatically connect the points. EXPENDITURES AND REVENUES (Percent of GDPI 25 Expenditures 20 Revenues 15 1940 1948 1956 1964 1972 1980 1988 YEAR Help Clear All In which years was the government's budget in deficit? Check all that apply. 1980 1956 1972 1964 1948 10 The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. All numbers are in billions of dollars. Year Revenues Expenditures GDP 1948 41.6 29.8 269.2 1956 74.6 70.6 437.5 1964 112.6 118.5 663.6 1972 207.3 230.7 1,238.3 1980 517.1 590.9 2,789.5 Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearest percent. Use the red points (cross symbol) for expenditures and the green points (triangle symbol) for revenues. Line segments will automatically connect the points. EXPENDITURES AND REVENUES (Percent of GDPI 25 Expenditures 20 Revenues 15 1940 1948 1956 1964 1972 1980 1988 YEAR Help Clear All In which years was the government's budget in deficit? Check all that apply. 1980 1956 1972 1964 1948 10
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Related Book For
Basic Statistics for Business and Economics
ISBN: 978-1260187502
9th edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen
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