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Year | Government Purchases | Government Taxes | Real |
1 | 400 | 247 | 5,812 |
2 | 434 | 203 | 5,898 |
Suppose there is no public debt before Year 1 and that net transfers are equal to zero. What is the public debt as a percentage of GDP in Year 2? Answer this as a percentage and round your answer to two digits after the decimal without the percentage sign. ex. If you found the rate to be 5.125%, answer 5.13.
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- Year Government Purchases Government Taxes Real GDP 1 340 268 5,926 2 419 226 5,792 Suppose there is no public debt before Year 1 and that net transfers are equal to zero. What is the public debt as a percentage of GDP in Year 2? Answer this as a percentage and round your answer to two digits after the decimal without the percentage sign. ex. If you found the rate to be 5.125%, answer 5.13.Year 1 2 Government Government Real Purchases GDP 304 5,131 459 5,405 Taxes 257 263 Suppose there is no public debt before Year 1 and that net transfers are equal to zero. What is the public debt as a percentage of GDP in Year 2? Answer this as a percentage and round your answer to two digits after the decimal without the percentage sign. ex. If you found the rate to be 5.125%, answer 5.13.3. Budget balances and the national debt The following table lists federal expenditures, revenues, and GDP for the U.S. economy during several years. All numbers are in billions of dollars. Revenues Year (Billions of dollars) 1929 3.9 1948 1967 1986 2005 FEDERAL EXPENDITURES AND RE VENUES (Percent of GDP) 25 20 15 10 41.6 Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearest percent. Use the orange points (square symbol) for expenditures and the green points (triangle symbol) for revenues. Line segments will automatically connect the points. 1929 148.8 769.2 2,153.9 Expenditures GDP (Billions of dollars) (Billions of dollars) 3.1 103.6 1948 29.8 157.5 990.4 2,472.2 1987 YEAR 1986 269.2 2005 832.6 4,462.8 12,421.9 Expenditures Δ Revenues ?
- Discuss the important features of the public budget and the relationshipbetween revenues and expenditures.Year Government Purchases Government Taxes Real GDP 1 317 238 5,658 2 382 207 5,697 Suppose there is no public debt before Year 1 and that net transfers are equal to zero. What is the public deficit as a percentage of GDP in Year 2? Answer this as a percentage and round your answer to two digits after the decimal without the percentage sign. ex. If you found the rate to be 5.125%, answer 5.13.The following diagram shows changes in fiscal policy by the South African government from the beginning of 2008, until the end of 2014. Study it carefully and answer the question which follows. SOUTH AFRICA GOVERNMENT SPENDING 620000 **** 600000 580000 F N E EH A A EE E E 560000 540000 520000 500000 480000 460000 1/1/2008 1/1/2010 1/1/2012
- ) If at the beginning of the year the public debt is $20 trillion, government spending and transfers are $2 trillion, and tax revenues are $3 trillion in 2019. Suppose that there is an annual interest rate of 10% on the debt added on at the end of the year. What would be the public debt at the beginning of the next year? Instructions: If the answer is not a whole number you should leave one number after the decimal. E.g. If the answer is 10.2778 it can be entered as 10.3. Leave your answer in trillions. You just need to put the number in your answer, no units or commas Answer:Eastlandia's GDP in 2021 is $17353. Governmert budget deficit in 2021 is $68.2. Government debt at the end of 2020 is $915, on which it has to pay an interest rate of 3 percent. Government debt at the end of 2021 is $ Do not enter $ sign. Round to two decimal places if required.Hello, I have a question no sure if this correct subject but, I was asked the following. The plot in one graph, calculate and plot the federal cash transfer to GDP ratios for each province from 1990/91 to the last available year. I found all data but unsure how to plot data, but in the excel graph don't know how to plot it in one graph. Note I'm only plotting the debt-to-GDP ratio and cash transfers. The years and names are indicated in the table. I'm just having trouble representing the data in a meaningful way. Any help would be greatly appreciated. N.L. P.E.I. N.S. N.B. Que. Ont. Man. Sask. Alber. B.C. Y.T. N.W.T. GDP 1990-1991 9,397 2,198 17,765 13,799 156,149 287,517 24,710 21,663 75,264 81,871 1,083 2,236 GDP 2018-2019 33,291 7,063 44,318 36,784 438,780 861,288 73,465 82,288 342,251 299,698 3,099 5,198…
- The question is based on the following information: Item R million 510 540 490 534 Total government revenue Total government expenditure Current government revenue Current government expenditure Non-interest expenditure Cyclically adjusted revenue Cyclically adjusted expenditure The current budget balance is R million. If the balance is negative indicate it using the minus sign in your answer for instance-32 Answer: 500 480 500Define government budget in not more than 3 linesGovernment Spending Tax Revenues GDP Year 1 $450 $425 $2,000 Year 2 500 450 3,000 Year 3 600 500 4,000 Year 4 640 620 5,000 Year 5 680 580 4,800 Year 6 600 620 5,000 The accompanying table gives budget information for a hypothetical economy. Assume that all budget surpluses are used to pay down the public debt. The public debt declined in year