Question #1Complete the following graph using the data from the Congressional Budget Office7060Surplus as % GDP50Debt as % GDP40302010-10-20196119711981199120012011YearSpecifically, I want you to comment on whether the trend is continuing with the Debt and Surplus as a% of GDP or is it moving back towards what we said prior to the Great Recession (December 2007 -June 2009)

Information is given in the graph: *Green line shows the percentage debt as % GDP.*Red line shows…

Complete the following graph using the data from the Congressional Budget Office 70 60 Surplus as % GDP 50 Debt as % GDP 40 30 20 10 -10 -20 1961 1971 1981 1991 2001 201 Year Specifically, I want you to comment on whether the trend is continuing with the Debt and Surplus as a 6 of GDP or is it moving back towards what we said prior to the Great Recession (December 2007 - uno 2000)

Complete the following graph using the data from the Congressional Budget Office 70 60 Surplus as % GDP 50 Debt as % GDP 40 30 20 10 -10 -20 1961 1971 1981 1991 2001 201 Year Specifically, I want you to comment on whether the trend is continuing with the Debt and Surplus as a 6 of GDP or is it moving back towards what we said prior to the Great Recession (December 2007 - uno 2000)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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