5. Budget deficit and surplus Aa Aa 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 1998 1,722 1,653 8,747 2000 2,025 1,789 9,817 2002 1,853 2,011 10,470 2004 1,880 2,293 11,686 2006 2,407 2,655 13,178 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 GDP) Expenditures 20 Revenues 15 10 1996 1998 2000 2002 2004 2006 2008 YEAR Help Clear All 25

ENGR.ECONOMIC ANALYSIS
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5. Budget deficit and surplus
Aa Aa
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
1998
1,722
1,653
8,747
2000
2,025
1,789
9,817
2002
1,853
2,011
10,470
2004
1,880
2,293
11,686
2006
2,407
2,655
13,178
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 GDP)
Expenditures
20
Revenues
15
10
1996
1998
2000
2002
2004
2006
2008
YEAR
Help
Clear All
25
Transcribed Image Text:5. Budget deficit and surplus Aa Aa 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 1998 1,722 1,653 8,747 2000 2,025 1,789 9,817 2002 1,853 2,011 10,470 2004 1,880 2,293 11,686 2006 2,407 2,655 13,178 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 GDP) Expenditures 20 Revenues 15 10 1996 1998 2000 2002 2004 2006 2008 YEAR Help Clear All 25
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