Federal spending question: a)Using the data sources provided: construct a graph plotting real per...

Question

Federal spending question: a)Using the data sources provided: construct a graph plotting real per capita (inflation-adjusted using the Government Expenditure Implicit Price Index, 1997=100) total program expenditure and public debt charges for thefederal government from 1975/76 to 2018/19b)using the data compiled in part a) calculate the annual rates of growth of real per capita federal program expenditures and public debt expenditures for each year over the period of the data and plot both series in a graph. c)Using the data constructed in b), provide a graph showing the average annual growth rate of real per capita total program expenditures and public debt charges over five-year periods starting in 1976/77. d)Briefly describe when the highest and slowest growth periods of real per capita federaltotal program expenditures and public debt charges were.

Komalavalli · Accepted Answer

1)
a) 
Graph of total program expenditure and public debt charges for the federal government from 1975/76 to 2018/19 
b)
Graph of annual rates of growth of real per capita federal program expenditures and public debt expenditures.
c)
	Year
	AAR of federal total program expenditure
	AAR of Public debt charges
	1976-1980
	11%
	22%
	1981-1985
	8%
	21%
	1986-1990
	5%
	10%
	1991-1995
	2%
	2%
	1996-2000
	2%
	-2%
	2001-2005
	6%
	-5%
	2006-2010
	7%
	-3%
	2011-2015
	2%
	-5%
	2016-2019
	6%
	2%
d)
The highest growth periods of per capita federal total program expenditures and public debt charges were 1976-80 and the lowest growth periods of per capita federal total program expenditures were 1991-95, 1996-2000, 2011-15 and public debt charges were 1996-2000.

Federal spending question: a)Using the data sources provided: construct a graph plotting real per capita (inflation-adjusted using the Government Expenditure Implicit Price Index, 1997=100) total...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment