The Federal Budget Ask FRED ALFRED I The accompanying graph contains data on U.S. federal government expenditures as a percentage of total GDP. 27.5 25.0 22.5 20.0 17.5 15.0 1950 1960 1970 1980 1990 2000 2010 Source: U.S. Bureau of Economic Analysis a. Approximately how much of GDP was spent by the Federal Government in 2016?

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Chapter4: The Aggregate Economy
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The Federal Budget Ask FRED ALFRED I
The accompanying graph contains data
on U.S. federal government expenditures
as a percentage of total GDP.
27.5
25.0
22.5
20.0
17.5
15.0
1950
1960
1970
1980
1990
2000
2010
Source: U.S. Bureau of Economic Analysis
a. Approximately how much of GDP was spent by the Federal Government in 2016?
Transcribed Image Text:The Federal Budget Ask FRED ALFRED I The accompanying graph contains data on U.S. federal government expenditures as a percentage of total GDP. 27.5 25.0 22.5 20.0 17.5 15.0 1950 1960 1970 1980 1990 2000 2010 Source: U.S. Bureau of Economic Analysis a. Approximately how much of GDP was spent by the Federal Government in 2016?
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